Tai Cheung Hold (00088.HK) announced that it will return to profit in the fiscal year ending on March 31, 2024, with a net profit of not less than 74 million yuan, compared to a net loss of about 20 million yuan in the same period in 2023. This is mainly due to the improved sales of properties under the group and the increase in interest income due to the rising interest rate, as well as the significant improvement in performance of Consolidated Hotels Limited, a joint venture company benefiting from the resumption of business and tourism activities.
《盈喜》大昌集團(00088.HK)料上年度扭虧賺超過7,400萬元
Tai Cheung Hold (00088.HK) expects to earn more than HKD 74 million after turning losses the previous year in Yingxi.
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