Billion Industrial Holdings Ltd. (HK:2299) has released an update.
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Billion Industrial Holdings Limited anticipates a significant profit increase of up to 65% for the first half of 2024 compared to the same period in 2023, primarily due to higher sales of polyester filament yarns and products. The company has issued a positive profit alert, but cautions that these are preliminary figures based on unaudited management accounts and may be subject to adjustments. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.
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