SINO ICT (00365) Issues Profit Alert, Anticipates Turnaround to Profit in FY2025

Stock News

03/19

SINO ICT (00365) announced that the group expects to record a profit attributable to company owners of approximately HKD 19.197 million for the year ending December 31, 2025. This represents a significant turnaround compared to a loss attributable to company owners of approximately HKD 34.417 million for the year ended December 31, 2024. Based on currently available information, the board of directors anticipates a shift from loss to profit for the 2025 fiscal year compared to 2024. This improvement is primarily attributed to a projected substantial increase in revenue from the core businesses, including SMT and semiconductor equipment and related services, as well as the energy business.

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This represents a significant turnaround compared to a loss attributable to company owners of approximately HKD 34.417 million for the year ended December 31, 2024. Based on currently available information, the board of directors anticipates a shift from loss to profit for the 2025 fiscal year compared to 2024. 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