On August 7th, Grong Hui reported that Billion Ind (02299.HK) predicts that the company's attributable profit for the six months ending June 30, 2024 may increase by no more than about 65% compared to the six months ending June 30, 2023.
According to the announcement, the increase is mainly due to the increase in total sales of polyester filament and polyester products from January to June 2024 compared to January to June 2023, resulting in a significant increase in total revenue.