SINOFORTONE FIN (08123) announced that the group expects to achieve a profit of approximately HK$7 million for the first half of 2025, compared to a loss of approximately HK$13 million for the same period in 2024. The company attributed the interim profit primarily to the reversal of impairment losses on prepayments for car purchases of approximately HK$18.6 million.

During the interim period, the group's business segments performed poorly, resulting in a significant decline in group sales. This was mainly driven by intense price competition in the Chinese market, as well as broader challenges including geopolitical tensions and the looming threat of global trade restrictions. These factors collectively disrupted the market environment, suppressed sales, and adversely impacted financial performance.