Luks Group (Vietnam Holdings) (HKG:0366) expects a net profit between HK$10 million and HK$30 million in 2024, against a net loss of HK$98.7 million in 2023, a Friday bourse filing said.
The cement company attributed the expected turnaround to a decrease in impairment loss on the properties, plants, and equipment of the group's cement business.
Shares of the company closed over 1% higher on Friday.
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