tiprankstipranks
Future Bright Holdings Reports Q1 Profit Dip
Company Announcements

Future Bright Holdings Reports Q1 Profit Dip

Future Bright Holdings (HK:0703) has released an update.

Don't Miss Our Christmas Offers:

Future Bright Holdings Limited has reported an unaudited profit of HK$8.7 million for Q1 2024, a 23.7% decrease from the HK$11.4 million profit of Q1 2023. The company experienced an 8.9% turnover growth, driven by increased tourist arrivals in Macau and Hong Kong, with notable contributions from their food and catering, food souvenir, and property investment businesses. Shareholders and investors are advised to exercise caution, as these figures are based on unaudited accounts and have not been reviewed by auditors.

For further insights into HK:0703 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