Jinbaotong (00320) announced that the company's net profit as of March 31, 2024 is expected to be about 750...
According to the Zhitong Finance App, Jinbaotong (00320) announced that the company's net profit for the year ended March 31, 2024 is expected to be about HK$75 million to HK$85 million. Compared with the company's net profit of about HK$23.5 million for the year ended March 31, 2023, the year-on-year increase will be more than 300%. The main reason for the increase in net profit was due to the Group's special inventory provision for the Malaysian business for the year ended March 31, 2023.