According to the Smart Finance and Economics APP, Travel Expert (01235) rose sharply by 50%. As of press time, it has risen by 50.42% to HK$0.179, with a turnover of HK$1.1895 million.
On the news front, Travel Expert released positive earnings, expecting the group to have a net profit attributable to owners of the company of no more than HK$9.2 million for the year ending March 31, 2024, while the company had a net loss attributable to owners of approximately HK$2.2 million last year. This is mainly due to the significant recovery of the tourism industry from the adverse effects of the COVID-19 pandemic in 2019, and the substantial increase in income from tourism and related businesses.