Q P Group to See Higher Profit in Fiscal Year 2024

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Q P Group to See Higher Profit in Fiscal Year 2024

MT Newswires Live01-15

Q P Group (HKG:1412) expects an attributable profit of between HK$115 million and HK$135 million for the year ended Dec. 31, 2024, up from HK$80.1 million a year prior, a Wednesday bourse filing said.

The office electronics manufacturer attributed the anticipated rise in profit mainly to better economies of scale driven by the increase in web sales and original equipment manufacturer sales, as well as a boost in operational and production efficiency.

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