Hongxing Printing Group (00450) issued an announcement. It is expected that the Group will obtain public service for the year ended December 31, 2023...
According to the Zhitong Finance App, Hongxing Printing Group (00450) issued an announcement. It is expected that the Group will obtain profit attributable to the company's equity holders of about HK$139 million for the year ended December 31, 2023, compared to HK$66 million last year. The main reason was (i) the gradual recording of one-time income from the expropriation of land for the old Wuxi plant; and (ii) the improvement in gross margin.