Tysan Holdings Limited Announces Positive Profit Turnaround

Tysan Holdings Limited ( (HK:0687) ) has shared an update.

Tysan Holdings Limited has announced a positive profit alert, indicating a significant turnaround in its financial performance. The company expects to report a net profit of approximately HK$40 million for the year ending December 31, 2024, compared to a net loss of HK$13 million in 2023. This improvement is attributed to the absence of unforeseen ground conditions and site constraints that negatively impacted project costs in the previous year.

More about Tysan Holdings Limited

YTD Price Performance: -0.54%

Average Trading Volume: 163,558

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$622.7M

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