Wise Ally International (HKG:9918) expects an attributable profit of between HK$60 million and HK$80 million for the year 2024, up from HK$1.2 million a year prior, a March 7 filing with the Hong Kong bourse said.

The electronics manufacturer attributed the higher anticipated profit mainly to a rise in revenue and gross profit margin, as well as the absence of a loss on fair value changes of financial assets at fair value through profit or loss.