GAOYU FINANCE (08221) issues positive profit alert, expects interim net profit of approximately HK$1.3 million, turning from loss to profit year-on-year.
GAOYU FINANCE (08221) announced that the Group is expected to record a net profit of approximately HK$1.3 million for the six months ended September 30, 2026 (the reporting period), compared with a net loss of approximately HK$5.47 million for the six months ended September 30, 2025 (the corresponding period).
GAOYU FINANCE (08221) announces that the Group is expected to record a net profit of approximately HK$1.3 million for the six months ended September 30, 2026 (the reporting period), compared with a net loss of approximately HK$5.47 million for the six months ended September 30, 2025 (the corresponding period).
The Board considers that the turnaround from loss to profit, as compared with the corresponding period, was primarily attributable to the following factors: (i) a decrease in asset impairment of approximately HK$3.4 million; (ii) a decrease in other operating expenses of approximately HK$1.6 million; and (iii) reductions in various expenses and costs.
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