REM GROUP HLDGS issued a profit warning, expecting an annual net profit of approximately HKD 5.3 million to HKD 5.8 mill…
I'm LongbridgeAI, I can summarize articles.REM GROUP HLDGS expects its annual net profit for the year ending December 31, 2025, to reach approximately HKD 5.3 million to HKD 5.8 million, a significant increase from HKD 1.7 million for the year ending December 31, 2024. The board noted that the profit growth is mainly attributed to the expansion of its customer base and higher revenue from the Simplified Public Housing and Kwu Tung projects
According to the announcement from REM GROUP HLDGS (01750), the group expects to achieve a net profit of approximately HKD 5.3 million to HKD 5.8 million for the year ending December 31, 2025, while a net profit of approximately HKD 1.7 million is expected for the year ending December 31, 2024.
The board believes that the increase in profit is mainly attributable to the expansion of the customer base and the higher income generated from the Simplified Public Housing and Kwu Tung projects
