China Vered Financial Holding (HKG:0245) expects to record a minimum net profit of HK$220 million for 2024, against a net loss of HK$23.6 million logged for 2023, a Monday bourse filing said.
The financial company attributed the turnaround to a net gain on investments during the reporting period.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.