TYCOON GROUP (03390) announced an anticipated significant increase in profit before tax for the year ended 31 December 2025 (FY2025). Profit before tax is expected to surge by no less than 200% compared to approximately HK$5.50 million for the year ended 31 December 2024 (FY2024).
Revenue for FY2025 is projected to rise by no less than 20.0% from approximately HK$876.00 million in FY2024, while gross profit is expected to grow by no less than 10.0% from approximately HK$232.70 million in FY2024. These improvements are attributed to an overall increase in gross profit and a reduction in administrative expenses attributed to the forfeiture of share-based awards. Partially offsetting these factors is an increase in selling and distribution expenses following the consolidation of Combo Win Asia Limited’s financial results beginning in March 2025.
The board of directors noted that the annual results remain subject to finalization, auditing, and review. An official statement with the audited figures is expected by the end of March 2026. Potential investors are advised to approach any trading decisions with caution.