Dowway(08403) announces a profit alert, expecting to achieve a profit attributable to 

shareholders of not less than HKD 4 million for the interim period, turning from a

 loss to a profit compared to the same period last year.

Dowway (08403) announced that the Group expects to achieve a profit attributable to the owners of the Company of not less than HKD 4 million for the six months ending June 30, 2024, compared to a loss of approximately HKD 9 million for the six months ended June 30, 2023. The improvement in profit is mainly attributed to the recovery of expected credit losses from trade receivables during the period and an increase in gross profit margin.