Yunnan Energy International (SGX:T43, HKG:1298) expects to book a net profit of no more than HK$1 million for the year ended Dec. 31, 2024, compared with a net loss of about HK$5 million a year earlier, according to a Friday filing with the Singapore Exchange.
The turnaround is mainly due to improved revenue and gross profit of its supply chain business.
The company will release its financial results later in March.
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