SHINEROAD INTL issued a profit warning, expecting the annual profit attributable to shareholders to be no more than HKD 44 million, an increase of approximately 110% year-on-year
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SHINEROAD INTL expects that the annual profit attributable to shareholders for the year ending December 31, 2024, will not exceed HKD 44 million, an increase of approximately 110% compared to HKD 20.25 million for the same period in 2023. The increase is mainly attributed to a higher proportion of sales from high-margin products, a decrease in labor costs, transportation and storage costs, as well as a significant reduction in the impairment of accounts receivable
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