04 :17 AM EDT, 09/19/2022 (MT Newswires) -- Sun Hing Printing Holdings (HKG:1975) is expecting a 40% to 60% year-on-year rise in net profit for the year ended June 30, according to a bourse filing on Friday.
The increase is mainly attributed to the resumption of some key projects that were postponed during the COVD-19 pandemic, the group's effort to promote smart package and sustainable products, and an effective production cost.
The digital printing services provider's annual results announcement is expected to be released on end-September.
Shares climbed nearly 15% in recent trade.
Price (HKD): $0.71, Change: $+0.09, Percent Change: +14.52%