Carote Forecasts Up to 35% in H1 Profit

MT Newswires Live

07/16

Carote (HKG:2549) expects a year-over-year rise of between 30% to 35% in net profit and revenue for the six months ended June 30, according to a Thursday Hong Kong bourse filing.

The kitchenware company attributed the forecast to the optimization of its channel structure, as well improvements in its product structure and operational efficiency leading to sales growth.

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