东江集团控股:Positive profit alert in 1H24E; Strong order momentum to continue into 2H24/FY25E

22 Jul 2024 CMB International Global Markets | Equity Research | Company Update TK Group (2283 HK) Positive profit alert in 1H24E; Strong order momentum to continue into 2H24/FY25E TK Group announced a positive profit alert for 1H24 with 40%+ YoY earnings growth. After speaking with TK's mgmt., we reiterate our positive view on TK's 2H24 outlook, driven by strong order pipelines, new client wins, and revenue/margin recovery across most segments. Following challenging business environment in 2022 and 2023, w ...