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Herald Holdings Limited Issues Positive Profit Alert Amid Industry Challenges

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Herald Holdings Limited Issues Positive Profit Alert Amid Industry Challenges

Confident Investing Starts Here:

An announcement from Herald Holdings Limited ( (HK:0114) ) is now available.

Herald Holdings Limited has announced a positive profit alert, expecting a net profit of HK$25 million to HK$35 million for the year ending March 31, 2025, compared to a net loss of HK$14.4 million the previous year. This improvement is attributed to gains on trading securities and cost-saving measures. However, the company remains cautious about future performance due to geopolitical tensions and increased industry competition.

More about Herald Holdings Limited

Average Trading Volume: 70,960

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$296.2M

For a thorough assessment of 0114 stock, go to TipRanks’ Stock Analysis page.

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