, Hong Kong

Karrie International expects at least 35% profit growth in 2021

This was driven by the growing demand for cloud applications, and online businesses.

Manufacturing firm Karrie International Holdings is expecting to record at least a 35% increase in profit attributable to shareholders for the year ended 31 March 2021.

This is mainly attributed to the higher demand in cloud application, online business and high-performance computing that drove metal and plastic business.

The Group also linked this to the continuous optimization of its product mix and progress on highly automated production.

The Group also delivered and recognized units from the Phase 4 of Castfast Villas in Fenggang, Dongguan, Guangdong Province this year.

On top of this, Karri International was granted lump-sum subsidies and expense deduction by both the governments of Mainland China and Hong Kong.

The financial disclosure will be released next month, Karrie International noted.

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


The ChatGPT effect? Investors bet big on deep tech startups 
An expert from Velocity Ventures believes new startups will build their business models on the chatbot.
Hong Kong's Hottest Startups of 2023
Startups with "disruptive applications in the Web 3.0 space" dominate.
Experts rally for change in legal industry’s ‘billable system’ 
A report from UC Hastings College of the Law stated that  "a most-hours-wins system disproportionately disadvantages women partners.”