DETAI NEWENERGY (00559) Announces Profit Growth; Estimated annual net profit of approximately HK$30 million to HK$35 million.

DETAI NEWENERGY (00559) has announced that the group is expected to achieve a net profit of between HK$30 million and HK$35 million for the year ending June 30, 2025, while the net loss for the year ending June 30, 2024 is approximately HK$71 million. The net profit is mainly attributed to the fair value change gain of financial assets recorded at fair value, which amounts to approximately HK$35 million.