Jianhong Group Holdings (01557) announced a profit, with expected annual profits not exceeding HK $142 million, turning losses into profits year-on-year.

Zhixin Finance APP News, Jianhong Group Holdings (01557) announced that the group expects to generate a surplus of not more than 142 million Hong Kong dollars for the year ending on March 31, 2026 (this year), compared to a loss of approximately 58 million Hong Kong dollars for the corresponding year ending on March 31, 2025. The board of directors believes that the expected turnaround from a net loss to a net profit is mainly due to the termination of the merger with its wholly-owned subsidiary Jianhong Foundation Limited in July 2025, resulting in termination merger gains of approximately 162.3 million Hong Kong dollars.