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S&P International Holding Limited Anticipates Profit Turnaround for FY2024

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S&P International Holding Limited Anticipates Profit Turnaround for FY2024

S&P International Holding Limited ( (HK:1695) ) just unveiled an announcement.

S&P International Holding Limited has issued a profit alert, indicating an expected profit after tax of no more than RM10 million for the fiscal year ending December 31, 2024, compared to a loss of approximately RM1.8 million in the previous year. This positive shift is attributed to increased revenue, reduced foreign exchange losses, and lower finance costs, despite facing impairment losses and increased deferred tax liabilities. The final results are yet to be audited and are expected to be published by the end of March 2025.

More about S&P International Holding Limited

S&P International Holding Limited is a company incorporated in the Cayman Islands, operating with its subsidiaries in various sectors. The company is listed on the Stock Exchange of Hong Kong and is involved in diverse business activities, although specific industry details are not provided in the announcement.

YTD Price Performance: -30.0%

Average Trading Volume: 1,045,272

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$90.72M

Find detailed analytics on 1695 stock on TipRanks’ Stock Analysis page.

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