Century Group International (02113.HK) : Business operations are still solid

Wisdom Finance APP News, Century Group International (02113.HK) announced that despite the current challenging market environment, the company's business operations remain stable. As stated in the announcement, the group is actively exploring business opportunities to expand its sources of income, including expanding reconstruction, renovation, and remodeling construction business. Although the potential projects mentioned in the announcement have not been finalized, the group has recently successfully bid for a demonstration unit renovation project with a contract amount of approximately HK$13.5 million; and signed an acceptance letter for an interior renovation project with a contract amount of approximately HK$26.7 million. The related income is expected to be recognized in the fiscal year ending on March 31, 2027. The actual financial impact of these projects will be evaluated after completion and will be subject to review and final audit by the company's auditors.