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AV Promotions (08419) expects profitability improvement
15 Mar 2019
(Infocast News) AV Promotions Holdings (08419) expects "to record a significant increase of net profit for the year ended 31 December 2018 as compared to that of the corresponding period in 2017, where the Group recorded a loss as a result of the significant listing expenses."

The board of directors considers that the expected increase in net profit for 2018 is mainly attributed to: (i) the increase in revenue volume and average equipment rental prices; and (ii) the increase in the overall gross profit margin of the group's equipment rental services due to a better mixture of our products and services with higher profit margins.

(WL)
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