SITO Group (08392.HK) reports a profit, expecting annual net profit attributable to shareholders to be approximately HK$200,000 to HK$800,000, a turnaround from a loss in the same period last year.

Financial news from Wisdom Finance app: ShenTu Holdings (08392.HK) announced that it is expected to record a net profit attributable to owners of the company ranging from approximately 200,000 Hong Kong dollars to 800,000 Hong Kong dollars in the 2026 fiscal year. This is a significant improvement compared to the net loss attributable to owners of the company of approximately 2.3 million Hong Kong dollars for the year ended March 31, 2025. The expected return to profit in the 2026 fiscal year is mainly attributed to an increase in revenue driven by sales order growth from customers in the household goods export business; an increase in revenue generated from the company's own brand products in the People's Republic of China; and effective cost control measures implemented by the group in the 2026 fiscal year resulting in a reduction in administrative expenses.