tiprankstipranks
QPL International Forecasts Profitable Turnaround in 2024
Company Announcements

QPL International Forecasts Profitable Turnaround in 2024

QPL International Holdings (HK:0243) has released an update.

Don't Miss Our Christmas Offers:

QPL International Holdings Limited has released a positive profit alert, indicating an expected profit of HK$9.0 million to HK$12.0 million for the six months ending October 2024, a significant turnaround from a HK$20.3 million loss in the previous period. This improvement is attributed to a net fair value gain on financial assets, signaling a promising trend for investors. However, shareholders are advised to exercise caution as these results are preliminary and unaudited.

For further insights into HK:0243 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App