Spring Peak Holdings: Expected mid-term net profit growth of approximately 50%

Quanfeng Holdings announced that it is expected to record a net profit of approximately $90-100 million for the six months ending June 30, 2025, compared to a net profit of approximately $61.6 million for the same period in 2024, representing a growth of around 50%. Adjusted net profit (excluding non-recurring income of the investment company measured under non-Hong Kong financial reporting standards) is expected to be between $70-80 million. The expected growth in net profit during the reporting period is mainly driven by growth in revenue scale, contributions from the high-margin brand EGO, and favorable factors such as exchange rates.