Yun Lee Marine (02682) announced that the group is expected to have obtained ownership of the company by September 30, 2024, for the six-month period ending.
Zhixun Finance App reported that Yun Lee Marine (02682) announced that the group is expected to have a profit attributable to owners of around 10.5 million Hong Kong dollars for the six months ending September 30, 2024, a decrease of 52.5% year-on-year. This is mainly due to the absence in this period of a one-time gain of approximately 11.9 million Hong Kong dollars from the disposal of equity investments in an associate company, Yun Lee (Tianji) Marine Engineering Limited and its subsidiaries, acquired through the acquisition and merger of businesses that did not exist in the six months ending September 30, 2023. Nevertheless, the group expects a slight increase in revenue and gross profit for this period.
