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Gilston Group Limited Projects Significant Profit Turnaround for 2024

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Gilston Group Limited Projects Significant Profit Turnaround for 2024

China Apex Group Ltd. ( (HK:2011) ) just unveiled an update.

Gilston Group Limited has announced a positive profit alert, expecting a net profit between HK$20 million and HK$35 million for the year ending December 31, 2024, compared to a net loss of approximately HK$69 million in the previous year. This turnaround is attributed to a full year of revenue from its property management business and stabilized performance in its zipper business, which did not incur any impairment losses this year.

More about China Apex Group Ltd.

Gilston Group Limited operates in the property management and zipper industries, focusing on providing comprehensive property management services and manufacturing zippers.

YTD Price Performance: -8.82%

Average Trading Volume: 36,423

Technical Sentiment Signal: Buy

Current Market Cap: HK$712.4M

For detailed information about 2011 stock, go to TipRanks’ Stock Analysis page.

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