Unity Group Projects Strong Profit Rebound

Unity Group Holdings International Limited (HK:1539) has released an update.

Unity Group Holdings International Limited has issued a positive profit alert, anticipating an adjusted net profit of at least HK$35 million for the year ended March 31, 2024, a significant turnaround from the previous year’s adjusted net loss of HK$64 million. This optimistic forecast is attributed to a substantial increase in turnover of at least 90% and a positive shift in expected credit losses. Investors are advised to exercise caution and await the final audited results due by the end of June 2024.

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