Morimatsu International Sees 30% Surge in H1 Profit

Moomoo 24/7 ·  07/26/2023 19:28
Morimatsu International Holdings (HKG:2155) expects an at least 30% year-over-year increase in net profit for the six months ended June 30, according to a Wednesday filing. The pressure equipment manufacturer attributed the anticipated rise in profit to an inflated revenue, as well as lower selling, marketing, and share-based payment expenses.
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