Sinomax Group Limited provided preliminary unaudited consolidated group earnings guidance for the six months ended 30 June 2023. For the period, the group expects to record a profit of not less than HKD 20 million as compared to a loss of approximately HKD 44.9 million for the six months ended 30 June 2022. The expected turnaround was primarily attributable to various cost cutting measures adopted by the Group including: improvement on production efficiency; more stringent control on cost of labour; and reduction of cost of raw materials.
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5-day change | 1st Jan Change | ||
0.13 HKD | 0.00% |
|
-7.14% | +85.71% |
13/06 | Sinomax Group's US Unit to Rent Office and Warehouse in Tennesee | MT |
10/04 | Sinomax Unit Extends Vietnam Factory Lease by Five Years | MT |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+85.71% | 2.91Cr | |
-11.28% | 812.05Cr | |
-15.43% | 333.51Cr | |
-4.26% | 197.93Cr | |
-5.44% | 157.25Cr | |
-2.38% | 152.95Cr | |
-16.58% | 129.54Cr | |
+13.38% | 100.04Cr | |
-2.47% | 86Cr | |
-7.18% | 77Cr |
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- Sinomax Group Limited Provides Preliminary Unaudited Consolidated Group Earnings Guidance for the Six Months Ended 30 June 2023