United Strength Power Holdings Limited provided preliminary consolidated earnings guidance for the year ended 31 December 2023. Based on the Board's preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2023, the net profit of the Group for the year ended 31 December 2023 is estimated to be not less than RMB 40 million which represented a year-on-year increase of not less than approximately 110% (2022: approximately RMB 19 million). Based on information currently available to the Board, the Board considers that the expected increase in net profit is primarily attributable to, amongst others, the increase in the sales volume of petroleum products which was due to the increase in market demand for petroleum products following the post-COVID normalization of economic activities in Northeastern China during 2023.
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4.15 HKD | +0.73% | -1.66% | -14.08% |
03:13pm | United Strength Power’s Affiliate Obtains HK$130 Million Financing to Help Run Petroleum Arm | MT |
05-01 | United Strength Power More Than Doubles Profit in 2023 | MT |
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+16.25% | 610M | |
-37.39% | 583M |
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- United Strength Power Holdings Limited Provides Preliminary Consolidated Earnings Guidance for the Year Ended 31 December 2023