Gemilang International Ltd. (HK:6163) has released an update.
Gemilang International Ltd. anticipates a significant profit gain, projecting over a 150% increase to at least US$0.70 million for the half-year ending April 2024, compared to the same period the previous year. This surge is primarily due to a substantial rise in bus body and kit sales, particularly in Australia, Singapore, and the USA, driving revenues up by US$4.75 million. Investors are advised to await the official interim results announcement expected by the end of June 2024 for confirmed details.
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