CINDA INTL HLDG (00111) announces profit forecast with an estimated annual comprehensive net profit of approximately 74 million to 82 million Hong Kong dollars.

CINDA INTL HLDG (00111) announced that based on a preliminary review of the unaudited comprehensive management accounts of the group for the year ended December 31, 2025, the group expects to report a comprehensive net profit of approximately HK$74 million to HK$82 million for the year ended December 31, 2025, compared to a comprehensive post-tax profit of HK$103.4 million attributable to equity holders of the company for the year ended December 31, 2024. This is mainly due to: (i) the recovery of a doubtful provision for a margin loan and reversal of impairment losses on financial assets; (ii) an increase in unrealized exchange gains due to the appreciation of the Chinese Renminbi against the Hong Kong dollar; and (iii) an increase in bond income in the fixed income investment segment due to the growth in the size of the bond investment portfolio.