TAK LEE MACH(02102) released a profit update, expecting a mid-term net profit increase of approximately 60% to 70% compared to the same period last year.

TAK LEE MACH (02102) announced that the Group expects a net profit increase of approximately 60% to 70% for the six months ending on January 31, 2025 compared to the same period in 2024. The Board of Directors believes that this increase is mainly due to the demand generated by various development projects and railway projects implemented by the Hong Kong Special Administrative Region government, as well as the expansion project in the landfill area, which has led to an increase in sales and leasing of heavy equipment.