Kestone Technology Holdings (08391.HK) issued a positive profit forecast, expecting to achieve a mid-term profit of approximately HKD 4 million to HKD 6 million, marking a turnaround from loss to profit compared to the same period last year.

Zhitong Finance APP reported that Cornerstone Technology Holdings (08391.HK) announced that based on the preliminary assessment of the groups unaudited consolidated management accounts for the six months ending June 30, 2026, the group expects to achieve a profit of between HKD 4 million and HKD 6 million, compared to a loss of HKD 34.1 million for the six months ending June 30, 2025. The turnaround from loss to profit is primarily attributed to the net gain in fair value generated by the convertible bonds issued in 2024.