tiprankstipranks
Arrail Group Reports Turnaround with Positive Profit Alert
Company Announcements

Arrail Group Reports Turnaround with Positive Profit Alert

Arrail Group Ltd. (HK:6639) has released an update.

Pick the best stocks and maximize your portfolio:

Arrail Group Limited has issued a positive profit alert, expecting a net profit of no less than RMB10.0 million for the fiscal year ending March 31, 2024, which marks a significant turnaround from the previous year’s net loss of RMB223.3 million. This anticipated profit is primarily due to an increase in business post-COVID-19, including higher patient visits and revenues from general dentistry. Shareholders and potential investors are urged to exercise caution and await the detailed financial results to be published around June 26, 2024.

For further insights into HK:6639 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App