Ahsay Backup (08290) announces a pleasing profit growth, with an anticipated annual net profit not exceeding 1 million Hong Kong dollars in 2025, turning from a loss to a profit year-on-year.

AHSAY BACKUP (08290) announced that the group is expected to achieve a net profit of no more than 1 million Hong Kong dollars for the year ending December 31, 2025, whereas it incurred a net loss of approximately 2.2 million Hong Kong dollars for the same period in 2024. Based on the information currently available, the Board of Directors believes that the turnaround in profitability is mainly attributed to (i) foreign exchange gains resulting from the depreciation of the US dollar in 2025; (ii) a decrease in employee costs due to a reduction in the number of employees; (iii) a decrease in other expenses related to advertising, marketing, and content acquisition costs; and (iv) partially offset by a decrease in revenue from online backup services due to weak service demand.