CITY COOLXUAN (08050) announced a profit of approximately 11.175 million Hong Kong dollars for the mid-term shareholders.

date
22:05 24/11/2025
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GMT Eight
Urban Cool Selection (08050) announced that the group expects to achieve the company's... by the end of the six months ending on September 30, 2025.
City Coolxuan (08050) announced that the Group is expected to achieve a profit attributable to owners of the Company of approximately HK$11.75 million for the six months ended on September 30, 2025, compared to a loss of approximately HK$4.496 million for the six months ended on September 30, 2024. The Board of Directors believes that the turnaround from loss to profit is mainly due to the Group recognizing one-off other income and gains amounting to HK$16.11 million during the reporting period. This is because, on August 25, 2025, the Group was exempted from repaying a total of HK$4.80 million of unpaid director's loans to a former director (Ms. He Zheng) and HK$10.85 million of unpaid shareholder loans to a former shareholder (Happy On Holdings Limited).