Chinese investment and financing (01226.HK) profit announcement, expected annual net profit of approximately 1.25 billion Hong Kong dollars to 1.5 billion Hong Kong dollars, turning losses into profits year-on-year.
Wisdom Financial APP news, China Investment and Financing (01226.HK) announced that compared with the audited comprehensive net loss recorded in the annual report for the year ending March 31, 2025 as disclosed in the company's 2024/25 annual report, the group is expected to record unaudited comprehensive net profits in the year ending March 31, 2026. This change is mainly due to the performance of the group's listed equity investments, which changed from a loss of approximately 6.1 million Hong Kong dollars in the previous year to a profit of approximately 146 million Hong Kong dollars in the current year. The group expects a net profit of between approximately 125 million Hong Kong dollars and 150 million Hong Kong dollars for the current year. A audited net loss of approximately 5.5 million Hong Kong dollars was recorded in the previous year.
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