Leadway Technology Investment to Turn to 2024 Profit

MT Newswires Live

03/11

Leadway Technology Investment Group (HKG:2086) expects a net profit of between HK$1 million and HK$4 million for the year 2024, compared with a net loss of HK$19.2 million a year prior, a Monday filing with the Hong Kong bourse said.

The smart card manufacturer attributed the anticipated turnaround to profit mainly to a rise in revenue and gross profit, as well as a decline in total staff costs.

Price (HKD): $0.39, Change: $+0.035, Percent Change: +10.00%

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