Zhejiang United Investment Holdings Group Ltd. Anticipates HK$1.01 Million Profit for Year Ending April 2025, Marking Turnaround from Previous Loss
Reuters
Jul 27
Zhejiang United Investment Holdings Group Ltd. Anticipates HK$1.01 Million Profit for Year Ending April 2025, Marking Turnaround from Previous Loss
Zhejiang United Investment Holdings Group Ltd. has issued a positive profit alert, indicating an expected turnaround from a loss to a profit for the fiscal year ended April 30, 2025. The company anticipates recording a profit of approximately HK$1.01 million, a significant improvement from the loss of approximately HK$0.35 million reported for the previous fiscal year. This positive change is primarily attributed to an increase in site supervision fee income. The company's board of directors advises shareholders and potential investors to exercise caution when dealing in the company's shares, and the annual results announcement is expected to be released on or before July 30, 2025.
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