PPS International (Holdings) Limited provided earnings guidance for the six months ended 31 December 2023. For the period, the company expects a net profit between HKD 4.5 million and HKD 5.0 million attributable to the owners of the Company will be recorded as compared to the net profit of approximately HKD 2.5 million attributable to the owners of the Company for the six months ended 31 December 2022. The improvement in the consolidated financial performance of the 2024 Interim Results is primarily due to the net effect of the following factors: increase in the recognition of reversal of the impairment allowance for the loan receivables by approximately HKD 5.3 million under the Group's money lending business; and increase in the recognition of the revaluation loss on the Group's self-owned properties in Hong Kong by approximately HKD 2.0 million.
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5-day change | 1st Jan Change | ||
0.069 HKD | 0.00% | 0.00% | -6.76% |
Jul. 01 | PPS International Limited Announces Board and Committee Changes | CI |
Feb. 29 | PPS International Limited Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023 | CI |
1st Jan change | Capi. | |
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-6.76% | 4.77M | |
+8.29% | 827M | |
-9.29% | 572M | |
+23.87% | 482M | |
-9.46% | 66.61M |
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- PPS International Limited Provides Earnings Guidance for the Six Months Ended 31 December 2023