Summary by Moomoo AI
VOBILE GROUP has released a positive profit forecast, expecting to record a profit of approximately 0.11 billion to 0.15 billion Hong Kong dollars for the fiscal year 2024, a significant turnaround from the 0.2 million Hong Kong dollar loss recorded in 2023. According to the company's preliminary unaudited consolidated management accounts, the turnaround is mainly attributed to an increase in gross margin while maintaining strong revenue growth.The company indicated that because the related financial performance has not yet been finalized and audited, the final figures may be adjusted. The audited consolidated financial performance for the fiscal year 2024 is expected to be officially released on March 28, 2025.
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