Lonking Holdings (HKG:3339) expects a net profit between 410.0 million and 461.0 million for the six months ended June 30, indicating a 33% to 50% increase as compared to the profit from the corresponding period last year, a Wednesday filing with the Hong Kong Exchange said.
The company attributed the expected increase to a year-year increase in overall gross margins and an increase in the net income from financial assets.
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