Ming Liang Holdings (08152) released a profit announcement, expecting a post-tax profit of approximately HKD 8 to 9 million for the year 2025, turning from a loss to a profit year-on-year.
Ming Liang Holdings (08152) announced that the group is expected to achieve a net profit of approximately HK$8 million to HK$9 million for the year ending December 31, 2025 (current year), compared to a loss of approximately HK$13 million for the year ending December 31, 2024 (previous year). The Board believes that the expected performance for the current year has transformed from a loss to a profit compared to the previous year, mainly due to an increase in revenue and gross profit of approximately 22% and 50% respectively, as well as a foreign exchange gain of approximately HK$4.3 million in the current year, compared to a foreign exchange loss of approximately HK$4.7 million in the previous year.
Ming Liang Holdings (08152) announced that it is estimated that the Group will achieve a post-tax profit of approximately HK$8 million to HK$9 million for the year ending December 31, 2025 (current year), compared to a loss of approximately HK$13 million for the year ending December 31, 2024 (previous year). The Board of Directors believes that the expected performance for the current year, turning from a loss in the previous year to a profit, is mainly due to an increase in revenue and gross profit of approximately 22% and 50% respectively, as well as a forex gain of approximately HK$4.3 million for the current year compared to a forex loss of approximately HK$4.7 million in the previous year.
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