Coral Group (00341) rose 4.5 percent in late tradingWildSafariSpin.8%WildSafariSpin, now reported 8WildSafariSpin.52 HKDWildSafariSpin, the turnover was HK$20.2162 million.
Cafe de Coral Group announced its earnings and expects to record a net profit of approximately 330 million yuan for the fiscal year ending March 31, 2024, an increase of nearly 199% from 110 million yuan in fiscal year 2023. If government funding during the epidemic is excluded, it is expected to increase by approximately 3.7 times. The Group explained that this was mainly due to the higher profits recorded by businesses in China Hong Kong and mainland China during the period, and the significant improvement in profit margins.
