ThaiSun Group (00687) announced a happy profit, expected to achieve a net profit of approximately HK$40 million for the year, turning losses into profits compared to the previous year.

Tai Sheng Group (00687) announced that the Group expects to incur a net loss of approximately 13 million Hong Kong dollars for the year 2023, but expects to achieve a net profit of approximately 40 million Hong Kong dollars for the year ending December 31, 2024. The Group anticipates a turnaround from a loss in the year ending December 31, 2023 to a profit in the year ending December 31, 2024, due to unforeseen land conditions and site restrictions of a certain project that led to an increase in overall project costs and incurred losses in the year ending December 31, 2023, which did not occur again in the current year.