Cosmo Lady (China) (HKG:2298) expects a 180% year-on-year surge in attributable profit for 2024 from 42.5 million yuan in 2023, a Tuesday filing with the Hong Kong bourse said.
The undergarments manufacturer attributed the forecast to the expansion of its e-commerce business, lower operating costs, and the delivery of certain units of industrial projects.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.