PLANETREE INT'L (00613) announces a joyful profit, with an expected pre-tax profit of approximately HK$30 million in the fiscal year 2025, turning losses into profit year on year.

Guotong International (00613) announced that the Group is expected to achieve a pre-tax profit of approximately HK$30 million in the 2025 financial year, compared to a pre-tax loss of approximately HK$212 million in the year ended 31 December 2024 (2024 financial year), showing a significant improvement. The expected profit in the 2025 financial year is mainly influenced by the following factors: a net unrealised gain of approximately HK$150 million on financial assets measured at fair value through profit or loss; a reversal of impairment losses on loans and advances to associates of approximately HK$37 million; a share of profits from associates of approximately HK$48 million; a net realised loss of approximately HK$81 million from the sale of financial assets measured at fair value through profit or loss; and a net fair value loss of approximately HK$94 million on investment properties.