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Dynasty Fine Wines Projects Significant Profit Growth for FY2024

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Dynasty Fine Wines Projects Significant Profit Growth for FY2024

An announcement from Dynasty Fine Wines Group Limited ( (HK:0828) ) is now available.

Dynasty Fine Wines Group Limited has announced a positive profit alert, expecting a significant increase in its consolidated profit for the fiscal year 2024 by approximately 50% to 60% compared to the previous year. This anticipated growth is attributed to a moderate rise in sales revenue, gross profit, and innovative product offerings, alongside gains from waived emoluments of former directors.

More about Dynasty Fine Wines Group Limited

Dynasty Fine Wines Group Limited is a company incorporated in the Cayman Islands, primarily engaged in the wine industry. The company, along with its subsidiaries, focuses on the production and sale of fine wines, with a market presence in Hong Kong.

YTD Price Performance: -41.82%

Average Trading Volume: 1,162,678

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$450.7M

See more data about 0828 stock on TipRanks’ Stock Analysis page.

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