Q P Group Holdings Limited (HK:1412) has released an update.
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Q P Group Holdings Limited anticipates a significant increase in profits, expecting to report a consolidated profit between HK$50.0 million to HK$60.0 million for the first half of 2024, which marks an improvement over the HK$35.8 million earned in the same period of the previous year. The company attributes this anticipated growth to enhanced economies of scale from increased sales and improved operational efficiency, although increased expenses have partially offset these gains. Shareholders are advised to await the detailed interim results announcement slated for release by the end of August 2024, as these figures are preliminary and unaudited.
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