Jun Tai Holdings (00630.HK) announces profit, with expected mid-term net profit attributable to shareholders approximately 1 million Hong Kong dollars, turning from loss to profit year-on-year.
Intelligence Finance and Economics APP News, Elegant Alliance Holdings (00630.HK) announced that the group is expected to achieve a profit of approximately 1 million Hong Kong dollars attributable to owners of the company in the six months ended June 30, 2025, while it recorded a loss of 25.4 million Hong Kong dollars attributable to owners of the company in the same period in 2024. The group achieved a turnaround from loss to profit in the six months ended June 30, 2025, mainly due to (i) an increase in revenue and gross profit of approximately 5 million Hong Kong dollars and 1.6 million Hong Kong dollars, respectively, and (ii) a change from a fair value loss of approximately 22.9 million Hong Kong dollars in trading investments as of the six months ended June 30, 2024 to a fair value gain of approximately 3.4 million Hong Kong dollars in trading investments as of the six months ended June 30, 2025.
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