VPOWER GROUP (01608) Releases Profit Forecast Estimated Mid-term Shareholder's Share of Merger Profits about 20 million Hong Kong dollars, reversing loss to profit compared to the same period last year.

VPOWER GROUP (01608) announced that it is expected to record unaudited consolidated profit attributable to owners of the company of approximately HK$20 million for the six months ending on June 30, 2025. In the same period in 2024, the company recorded a consolidated loss of approximately HK$139 million for the owners of the company. The expected unaudited consolidated profit for the reporting period is mainly due to the completion of the sale of certain power generation assets to a connected person of the company's controlling shareholder for a consideration of RMB 661 million, resulting in other income and a decrease in interest expenses due to the repayment of bank borrowings.