MS Group Holdings Ltd. ( (HK:1451) ) has shared an update.
MS Group Holdings Limited has announced an anticipated significant increase in profit for the year ending December 2024, with expectations ranging between HK$47 million and HK$52 million, compared to approximately HK$16 million in 2023. This growth is largely attributed to increased sales orders in their OEM business, though the company cautions that this upward trend may not be sustainable due to varying industry conditions and product cycles.
More about MS Group Holdings Ltd.
MS Group Holdings Limited operates within the original equipment manufacturing (OEM) industry, focusing on producing goods for other companies based on their specifications. The Group’s market focus is primarily on increasing sales through existing customer relationships.
YTD Price Performance: 8.97%
Average Trading Volume: 89,319
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$170M
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