Thai Sheng Group: Expected net profit for the first half of the year is approximately 34 million Hong Kong dollars.
Tai Sheng Group Announcement: Based on the preliminary review of the unaudited comprehensive management accounts for the six months ended June 30, 2025, and the management's preliminary assessment of the relevant management accounts, the Group expects that the net profit for the six months ended June 30, 2025 will increase to approximately HKD 34 million, compared to approximately HKD 10.7 million for the six months ended June 30, 2024. The increase in net profit is mainly due to the increase in revenue from pile-driving for foundations and improvement in gross profit margin.
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