Global Sweeteners Foresees Major Profit Surge

Global Sweeteners Holdings Limited (HK:3889) has released an update.

Global Sweeteners Holdings Limited anticipates a significant turnaround with an expected net gain of HK$130 million to HK$170 million for the first half of 2024, contrasting with a net loss in the same period the previous year. This expected gain is largely due to a one-off gain from a successful debt restructuring agreement. Shareholders and potential investors are cautioned to await the official interim results due by 30 August 2024 for confirmation of these preliminary figures.

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