Lever Style (HKG:1346) expects a net profit of about $16.4 million to $17.4 million for the year ended Dec. 31, compared with $15.6 million for the corresponding period of the previous year, according to a Wednesday filing with the Hong Kong Bourse.

The company attributed the expected net profit to acquiring new customers and enhancing organic growth and engagement across multiple product categories with existing clients.

The garment traders plan to publish its annual results in February.

The company's shares were up over 19% at the close of trade.