MAN SANG INT'L issued a profit warning, expecting a pre-tax profit of approximately HKD 437 million to HKD 483 million for the interim period, turning a loss into a profit year-on-year
MAN SANG INT'L announced a positive profit alert, expecting that for the six months ending September 30, 2025, the profit before tax will be between HKD 437 million and HKD 483 million, turning around from a loss of HKD 175 million in the same period of 2024. This turnaround is mainly attributed to the significant sale of all issued share capital of Yu Nian Investment Co., Ltd. and its subsidiaries, completed on April 11, 2025, which generated a one-time gain of approximately HKD 474 million
According to the Zhitong Finance APP, MAN SANG INT'L (00938) announced that the group expects to achieve a pre-tax profit ranging from HKD 437 million to HKD 483 million for the six months ending September 30, 2025, compared to a pre-tax loss of HKD 175 million for the same period in 2024.
The expected turnaround to profitability for the six months ending September 30, 2025, is mainly due to a one-time gain of approximately HKD 474 million generated from the very significant sale and related transaction (the sale) completed on April 11, 2025, involving the sale of all issued share capital of Yu Nian Investment Limited and its subsidiaries
