SY Holdings Expects H1 Profit to Rise by 20%; Shares Gain 6%
MT Newswires Live
Jul 16
SY Holdings Group (HKG:6069) said it expects its H1 profit to rise by up 20% year over year, according to a Hong Kong bourse filing Tuesday.
Shares of the digital finance company jumped nearly 6% in morning trade Wednesday.
The foreseen rise is attributable to higher revenue from its platform technology service, better platform business scale, and a rise in its e-commerce segment, the filing said.
SY Holdings expects to post its results in August.
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