Xinming Life Technology (00474.HK) announces a profit alert, expecting an annual profit of approximately HKD 336 million, turning a profit compared to the previous year.

According to the Zhiyin Finance APP, Ximing Life Technology (00474.HK) announced that the group expects to achieve a profit of approximately HK$336 million for the fiscal year ending March 31, 2026 (reporting year), compared to a loss of approximately HK$1.017 billion for the fiscal year ending March 31, 2025. The group's turnaround from loss to profit is primarily due to gains generated from the sale of an affiliated company in the reporting year.