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EPS HEALTH TECH: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
EPS Creative Health Technology to Turn to Profit in April-September
eps health tech (03860) issues a profit warning, expecting a mid-term net profit of about 16 million Hong Kong dollars, achieving a turnaround from loss to profit year-on-year.
eps health tech (03860) announced that the group expects to record for the six months ending September 30, 2024...
eps health tech (03860.HK) Profit Joy: Expected mid-term net profit of about 16 million Hong Kong dollars
On November 18, Gelonghui reported that eps health tech (03860.HK) announced that the group expects to record an unaudited net profit of approximately 16 million HKD for the six months ending September 30, 2024, compared to an unaudited net loss of approximately 8.7 million HKD for the six months ending September 30, 2023. The announcement stated that the expected improvement is mainly due to (i) fair value gains from bills of exchange generated by non-controlling interests in this period; (ii) increased profits from the health product business; and (iii) reduced administrative and R&D expenses due to the implementation of cost reduction and efficiency enhancement measures.
EPS HEALTH TECH: POSITIVE PROFIT ALERT
EPS Creative Health Technology's Chairman & CEO Resigns; Successor Named
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