Wanjing Holdings (02193. HK) expects an annual profit of no less than HK $35 million

On May 20, gelonghui Wanjing Holdings (02193. HK) announced that the Group expects to record a net profit of no less than HK $35 million for the year ended March 31, 2022, more than twice the annual net profit of about HK $15.7 million for the year ended March 31, 2021. The expected increase in net profit for the year ended March 31, 2022 is mainly due to the improvement of gross profit margin of some construction projects during the year.