C CHENG HLDGS (01486) announced that the group expects to achieve a profit of no less than HK$50 million for the six months ended June 30, 2025, compared to a loss of approximately HK$12 million in the first half of 2024.

The primary factors contributing to the group's turnaround from loss to profit include non-recurring other income of approximately HK$49 million (net of depreciation) recognized during the period from the exercise of usage rights as defined in the circular dated May 22, 2025 regarding the major transaction for the exercise of usage rights. Additionally, the improved financial performance resulted from increased share of profit from associates, enhanced cost control measures, and streamlined operating expenses.