Hanvey Group Holdings Limited released a profit alert indicating an expected profit attributable to owners of no less than 0.50 million HKD for the year ended 31 December 2025. This marks a turnaround from the 19.23 million HKD loss reported for FY 2024.
Key drivers highlighted by the board include: 1. Reduced finance costs following the repayment of bank borrowings. 2. Absence of any impairment loss on property, plant and equipment in 2025, compared with an 8.66 million HKD impairment charge in 2024.
The announcement is based on unaudited management accounts and remains subject to audit and audit committee review. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares pending publication of the final audited results.