C FIN SERVICES (00605) issued a profit alert, expecting that the interim net profit attributable to shareholders will not be less than approximately HKD 125 million, turning from loss to profit compared to the same period last year.

C FIN SERVICES (00605) announced that it expects to achieve a net profit attributable to the company's owners of not less than approximately HK$125 million for the six months ending June 30, 2026 (the reporting period), compared to a net loss of approximately HK$29.6 million for the same period ending June 30, 2025. According to the information currently available, the board of directors believes that the net profit attributable to the company's owners for the six months ending June 30, 2026, is primarily due to: (i) the completion of settlements with several investors/lenders regarding unauthorized loans and unauthorized guarantees, resulting in a reversal of approximately HK$116 million in outstanding loans and interest, as well as a reversal of liabilities from loan guarantee contracts amounting to approximately HK$16.8 million; and (ii) a decrease of over 50.9% in interest and fees during the reporting period.