Yee Hop Holdings Ltd. (HK:1662) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Yee Hop Holdings Limited has announced a significant profit increase for the 2024/2025 Interim Period, with expected profits ranging from HK$30.0 million to HK$33.0 million, up from HK$9.8 million the previous year. This boost is attributed to heightened revenues from core business projects, including substantial gains in foundation, civil, and tunneling works. The company has also secured two major construction projects valued at approximately HK$2,000 million over an eight-year period, promising further growth.
For further insights into HK:1662 stock, check out TipRanks’ Stock Analysis page.