Time Interconnect Technology (HKG:1729) expects a 50% to 65% rise in net profit for the year 2024 ending Dec. 31, from that in the nine months ended Dec. 31, 2023, a Friday filing with the Hong Kong bourse said.
The custom cable assemblies manufacturer attributed the anticipated rise in profit to a longer period in the current year following the change of year end date, as well as a higher revenue from certain sectors.