Uni Printshop (08448) announces a profit, with an estimated total income for shareholders not exceeding approximately HK$3 million in the mid-term, reversing the loss from the same period last year.
Global Printing House (08448) has released an announcement, and the group is expected to acquire the company rights for the six months ending on September 30, 2024.
UNI PRINTSHOP (08448) announces that the group expects to achieve a total comprehensive income attributable to equity holders of the company of not more than approximately HK$3 million for the six months ending September 30, 2024, compared to a total comprehensive loss of approximately HK$9.4 million for the six months ending September 30, 2023.
The transformation from a net loss to a net profit is mainly attributed to the successful expansion into the markets of mainland China, Taiwan, and the United States, driving revenue growth; as well as providing raw materials and equipment to customers in mainland China and Taiwan, leading to an increase in revenue. The group's expansion not only allows it to provide printing services in mainland China and Taiwan but also enables it to enter the supply chain of printing industry raw materials and equipment in these regions. In addition to growth in Asia, the group has also entered the US market, further contributing to the overall revenue growth.
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