TYCOON GROUP (03390) issued a positive profit alert, expecting that the pre-tax profit for the first half of the year will be no less than approximately HK$6 million, turning a loss into a profit compared to the same period last year.
Manguan Group (03390) announced that compared to an estimated pre-tax loss of approximately HKD 7.4 million for the six months ending June 30, 2025 (the first half of 2025), the Group expects to achieve a turnaround in its net performance in the first half of 2026, with a pre-tax profit of no less than approximately HKD 6 million.
TYCOON GROUP (03390) announced that compared to a before-tax loss of approximately HKD 7.4 million for the six months ended June 30, 2025 (the first half of 2025), the Group expects to turn a profit in the net performance for the first half of 2026, with a before-tax profit of not less than approximately HKD 6 million.
The announcement stated that this performance is primarily due to: a reduction in administrative expenses and financial costs; and the gain of approximately HKD 4.3 million from the sale of a subsidiary in the first half of 2026, which has increased other income and gains.
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