NEXION TECH (08420) issues a profit warning, expecting interim net profit attributable to shareholders to exceed HKD 200,000, turning from a loss to a profit year-on-year.

NEXION TECH (08420) announced that the Group expects to achieve a profit attributable to equity holders of the company exceeding HKD 200,000 for the six months ending June 30, 2026 (the Current Period), compared to a loss attributable to equity holders of the company of approximately HKD 1.318 million for the six months ending June 30, 2025 (the Previous Period). Based on currently available information, the Board believes that the expected turnaround from loss to profit is mainly attributable to the performance of the cybersecurity solutions and IT software development division, with the adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) increasing from a profit of about HKD 634,000 in the Previous Period to a profit exceeding HKD 2.2 million in the Current Period. This improvement in performance is primarily due to an increase in revenue from this business division, which rose from approximately HKD 7.953 million in the Previous Period by about HKD 5.456 million or 68.6% to approximately HKD 13.409 million in the Current Period.