TSE SUI LUEN (00417) announces a profitable performance, with an expected annual profit of not less than HK$100 million, reversing from a loss to a profit year-on-year.

TSE SUI LUEN (00417) announces that the Group is expected to achieve a profit of not less than HK$100 million for the year ending on March 31, 2026 (the current year), compared to a loss of approximately HK$198 million for the year ending on March 31, 2025. The expected shift from a loss to a profit in the current year is mainly attributed to the successful implementation of the Group's business transformation strategy, including: (i) improvement in same-store sales performance and an increase in profit contribution from the franchising business in Mainland China; and (ii) a decrease in sales, distribution, and administrative expenses through effective cost optimization strategies, as well as a reduction in restructuring costs. Additionally, favorable changes in certain global economic factors, such as rising gold prices and declining federal fund rates, and a reduction in non-cash provisions for impairment of retail store-related assets and other assets in accordance with applicable accounting standards, have enabled the Group to achieve an overall turnaround in performance from loss to profit.