On March 7, GLONGHUI | Tomson Group (00258.HK) announced that the Group's comprehensive profit after tax for the year ended 31 December 2023 is expected to record a sharp increase of about 145% to 150% compared to HK$17.17 million in the same period in 2022.
The expected increase in the Group's comprehensive profit is mainly due to improvements in the performance of the Group's property development and investment business in Shanghai, People's Republic of China, as well as the performance of the Group's joint ventures.