SHOUGANG CENT (00103) Announces Earnings Growth, Expects After-Tax Profit to Increase by at Least 50% Compared to 2025.
First Technology (00103) announced that compared to the tax-free surplus of 31.647 million Hong Kong dollars for the year ending December 31, 2024, the group expects a increase of not less than 50% in tax-free surplus for the year ending December 31, 2025. This increase is mainly due to the decrease in production costs leading to an increase in gross profit margin, and the decrease in financial costs and increase in financial income leading to an improvement in net financial income.
SHOUGANG CENT (00103) issued an announcement that, compared to the post-tax profit of HK$31.647 million for the year ended December 31, 2024, the Group expects to achieve an increase of at least 50% in post-tax profit for the year ending December 31, 2025. This increase is mainly due to: a decrease in production costs leading to an increase in gross profit margin; and a reduction in financial costs and an increase in financial income leading to an improvement in net financial income.
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