HM INTL HLDGS(08416) announces profit joy. It is expected that the annual net profit will be no less than HK$7.5 million, turning losses into profits year-on-year.
HM INTL HLDGS (08416) announced that the group is expected to achieve a net profit of not less than 7.5 million Hong Kong dollars for the year ending December 31, 2025, compared to a net loss of approximately 9.9 million Hong Kong dollars for the year ending December 31, 2024.
HM INTL HLDGS (08416) announced that the Group is expected to achieve a net profit of not less than HK$7.5 million for the year ending December 31, 2025, compared to a net loss of approximately HK$9.9 million for the year ending December 31, 2024.
The above-mentioned turnaround in financial performance is mainly attributed to (i) the profit from the sale of the entire equity interest in i.Link Group Limited held by the Group in September 2025; and (ii) a reduction in administrative expenses, mainly due to a decrease in depreciation of right-of-use assets and one-time repair costs incurred during the corresponding period.
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