Most Kwai Chung Ltd. Forecasts Profitable Turnaround

Most Kwai Chung Ltd. (HK:1716) has released an update.

Most Kwai Chung Ltd. has announced a significant turnaround, expecting to report a net profit of up to HK$5 million for the six months ending September 2024, compared to a HK$2 million loss in the same period last year. This positive shift is attributed to increased client engagement and revenue from a major event, alongside gains from a strategic acquisition. Investors are advised to stay informed as the final financial results are yet to be confirmed.

For further insights into HK:1716 stock, check out TipRanks’ Stock Analysis page.

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