SV VISION (08429) issued a positive profit warning, estimating that the mid-term profit attributable to shareholders will be approximately HKD 1.2 million, a reversal from loss to profit compared to the same period last year.
Hua Mei Le Le (08429) announced that the Group expects to achieve a net profit attributable to the shareholders of the Company of approximately HKD 1.2 million for the six months ending June 30, 2026 (the 2026 period), whereas a net loss attributable to the shareholders of the Company of approximately HKD 900,000 was reported for the six months ending June 30, 2025 (the 2025 period).
SV VISION (08429) announced that the Group expects to achieve a net profit attributable to the owners of approximately HKD 1.2 million for the six months ending June 30, 2026 (the 2026 period), compared to a net loss attributable to the owners of approximately HKD 0.9 million for the six months ending June 30, 2025 (the 2025 period).
The expected turnaround from loss to profit is mainly due to the Group's strengthened cost control, process automation, and digital upgrades, resulting in a reduction of outsourced project costs by approximately HKD 3.8 million, from about HKD 89.2 million in the 2025 period to about HKD 85.4 million in the 2026 period.
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