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An update from Courage Investment Group Limited ( (HK:1145) ) is now available.
Courage Investment Group Limited has announced a positive profit alert for the fiscal year ending December 31, 2024, expecting to record a profit of no less than $1.6 million, a significant turnaround from the previous year’s $4 million loss. This improvement is attributed to increased profits from marine operations, successful disposal of a subsidiary, reversed impairment losses on a vessel, absence of joint venture losses, and reduced credit loss allowances.
More about Courage Investment Group Limited
Courage Investment Group Limited, incorporated in Bermuda, operates primarily in the marine transportation industry. The company is listed on both the Hong Kong and Singapore stock exchanges and focuses on providing marine transport services.
YTD Price Performance: -20.0%
Average Trading Volume: 33,206
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$23.68M
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