According to the announcement released by wise ally intl (09918), the group is expected to have a net profit attributable to equity holders of not less than 10 million Hong Kong dollars by the end of June 30, 2024, reversing its net loss of approximately 1.6 million Hong Kong dollars attributable to equity holders in the same period of 2023.

The main reason for the profit turnaround is that: Compared with the corresponding figures of the same period in 2023, (1) Income for the six months ended June 30, 2024 increased by not less than 2%; and (2) The gross margin for the six months ended June 30, 2024 increased by not less than 3%. The increase in revenue and gross margin is mainly due to the group's major customers launching new products, enriching the company's product portfolio, which resulted in customer orders for the company's products in the first half of 2024 with relatively high contribution margin.