HK Stock Market Move | MAN SANG INT'L(00938) surged over 10%, expecting to turn losses into profits for the whole year, earning up to 442 million Hong Kong dollars.

MAN SANG INT'L (00938) surged more than 10%, rising by 10.71% to HK$0.465 at the time of writing, with a turnover of HK$12.648 million. On the news front, on May 6, MAN SANG INT'L announced that the group is expected to record a pre-tax profit of between HK$399 million and HK$442 million for the year ending March 31, 2026, compared to a pre-tax loss of HK$591 million for the same period in 2025. The expected return to profit for the year ending March 31, 2026 is mainly due to a one-time gain of approximately HK$470 million resulting from the completion of the significant sale of all the issued share capital of Yuen Investment Company Limited and its subsidiaries on April 11, 2025.