MAN SANG INT'L (00938) releases good news, predicting annual profit before tax of approximately HK$399 million to HK$442 million, turning around from a loss to a profit year-on-year.
China Minsheng Bank International (00938) announced that the group is expected to report a pre-tax profit ranging from HK$399 million to HK$442 million for the year ending March 31, 2026, compared to a pre-tax loss of HK$591 million for the same period in 2025.
MAN SANG INT'L (00938) announced that it is expected to record a profit before tax of between HK$399 million and HK$442 million for the year ending on March 31, 2026, compared to a loss before tax of HK$591 million for the same period in 2025.
The expected turnaround from loss to profit for the year ending on March 31, 2026 is mainly due to a one-time gain of approximately HK$470 million generated from the completion of the very significant sale of all issued shares of Honour Great Investment Limited and its subsidiaries on April 11, 2025.
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