IWS Group Expects Profit Dip in 2024

IWS Group Holdings Ltd. (HK:6663) has released an update.

IWS Group Holdings Limited anticipates a profit of not less than HK$13.0 million for the financial year ending March 31, 2024, down from approximately HK$17.6 million the previous year. The expected decline is mainly due to reduced government grants and increased retirement benefit costs. Shareholders and potential investors are advised to exercise caution, as these figures are preliminary and subject to audit adjustments, with final results to be published on June 13, 2024.

For further insights into HK:6663 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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