01:50 AM EDT, 06/24/2022 (MT Newswires) -- MOS House Group (HKG:1653) expects its profit for the fiscal year ended March 31 to surpass the year ago's HK$10 million ($1.3 million) profit, according to a late Thursday disclosure.
The retailer of ceramic tiles attributed the upbeat forecast to an increase in sales and higher fair value gain on an investment property.
The stock surged almost 37% in Friday's afternoon trade.
Price (HKD): $0.40, Change: $+0.10, Percent Change: +33.33%