COCOON HOLDINGS (00428) announces profit forecast, with the expected net profit attributable to shareholders for the year 2025 not less than HK$10 million.

China Tianqiu Holdings (00428) announced that the group is expected to achieve a net profit attributable to company owners of not less than 10 million Hong Kong dollars for the year ending December 31, 2025, while in the year 2024, the net loss attributable to company owners is approximately 76.80 million Hong Kong dollars. The main reason for the turnaround from net loss to net profit is that the group's performance of several publicly traded securities held during the reporting period improved. The group obtained a net income of not less than 15 million Hong Kong dollars from equity securities classified as fair value through profit or loss, while in 2024, a net loss of 72.20 million Hong Kong dollars was obtained.