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Capital VC Limited Forecasts Profit Turnaround
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Capital VC Limited Forecasts Profit Turnaround

Capital VC Limited (HK:2324) has released an update.

Capital VC Limited anticipates a positive shift in its financial performance, projecting a net profit for the first half of 2024 as opposed to the net loss reported in the same period the previous year. This turnaround is credited to the improved performance of the Group’s listed investments and adjustments in expected credit loss on receivables. Investors are cautioned to consider this preliminary information carefully and await the officially audited interim results due for release on May 31, 2024.

For further insights into HK:2324 stock, check out TipRanks’ Stock Analysis page.

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