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Lever Style Corporation Announces Positive Profit Outlook for 2024

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Lever Style Corporation Announces Positive Profit Outlook for 2024

Lever Style Corp. ( (HK:1346) ) has provided an update.

Lever Style Corporation announced a positive profit alert, indicating an expected net profit after tax between US$16.4 million and US$17.4 million for the year ended December 31, 2024, improving from the previous year’s US$15.6 million. This growth is attributed to acquiring new customers and achieving deeper market penetration with existing clients, despite an impairment loss of US$2.4 million affecting the first half of 2024.

More about Lever Style Corp.

Lever Style Corporation is a company incorporated in the Cayman Islands, involved in the apparel industry. The company focuses on expanding its customer base and increasing product penetration across various categories.

YTD Price Performance: -3.49%

Average Trading Volume: 227,756

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$530.5M

For an in-depth examination of 1346 stock, go to TipRanks’ Stock Analysis page.

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