Green Economy Development to Swing to Fiscal H1 Profit

MT Newswires Live
25 Nov 2024

Green Economy Development (HKG:1315) expects an attributable profit of around HK$2.2 million for the six months ended Sept. 30, compared with an attributable loss of HK$12.1 million a year prior, a Nov. 22 bourse filing said.

The construction contractor attributed the anticipated turnaround to profit mainly to an increase in gross profit and lower administrative expenses.

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