Summary by Futu AI
Tianli International Holdings Limited ("Tianli International") announced a positive profit forecast on November 14, 2024, expecting significant improvements in financial performance for the year ending August 31, 2024. Based on a preliminary review of the unaudited consolidated management accounts and the current information available to the board of directors, the company expects annual revenue to reach approximately 3.3 billion RMB, representing a year-on-year growth of about 43%; adjusted profit is anticipated to be around 0.577 billion RMB, marking an approximate 56% year-on-year increase. This growth is primarily attributed to the robust increase in the number of clients receiving comprehensive education services provided by the company, as well as a substantial boost in product sales revenue due to the operation of the online campus mall...Show More