MOBICON GROUP (01213) issues positive profit alert, expecting interim profit attributable to shareholders of approximately HK$200,000, turning from loss to profit year-on-year.

MOBICON GROUP (01213) announces that the Group expects to record a profit of approximately HK$1.1 million and profit attributable to shareholders of approximately HK$200,000 for the six months ended September 30, 2026 (the reporting period), compared with a loss of approximately HK$2.7 million and loss attributable to shareholders of approximately HK$3 million for the six months ended September 30, 2025. The Board considers that the expected turnaround from loss to profit is mainly attributable to: (i) improved operating efficiency and cost management at the South African subsidiary following full settlement of loans and the elimination of rental and interest expenses for the wholly-owned headquarters; and (ii) an increase in flash memory prices during the reporting period, which led to higher profit margins on the Group's flash memory products.