Huationg Global Forecasts Improved Attributable Net Profit in 2024; Shares Surge 19%
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Huationg Global is expecting to book an overall year on year improvement in its net profit attributable to owners for the 12 months ended Dec. 31, 2024, a filing with the Singapore Exchange said on Monday. The company has attributed this to an increase in revenue from its civil engineering contract works segment. The company is planning to release its financial statements by March 1. Shares of the company surged nearly 19% in recent trading.
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