FINET GROUP (08317) announced a profit, expecting that the mid-term earnings attributable to shareholders will not exceed 2 million Hong Kong dollars, turning from a loss to a profit compared to the same period last year.

FINET GROUP (08317) announces that the group is expected to achieve a profit attributable to owners of the company of not more than HK$2 million for the interim period ending on September 30, 2025, compared to a loss of approximately HK$4.3 million for the interim period ending on September 30, 2024. The board of directors believes that the significant improvement in the group's financial performance during the reporting period is mainly attributable to the net impact of the following factors: a revenue growth of approximately HK$3.7 million, an increase of 88%, from around HK$4.2 million for the six months ending on September 30, 2024 to around HK$7.9 million for the six months ending on September 30, 2025, largely driven by a substantial increase in revenue from the group's financial information, advertising, and investor relations services business; and other income increases, including over HK$400,000 in rent relief obtained during the reporting period and approximately HK$1.2 million in accounts payable which had been outstanding for over 7 years and are no longer required to be paid being reversed.