Lam Shun (Hong Kong) (00411) announced that the Group expects the six months ending December 31, 2023 to take...
According to the Zhitong Finance App, Lan Shun (Hong Kong) (00411) announced that the Group expects to obtain a net profit of about HK$120 million to HK$140 million for the six months ending December 31, 2023, compared with a net profit of HK$42 million compared to the same period last year.
According to the announcement, the increase in net profit for the six months ended December 31, 2023 compared to the same period last year was mainly due to a decrease in the cost of wheat and the cost of raw materials for cooking oil due to stable global supply, as well as an increase in sales volume and an improvement in the product portfolio.