TYCOON GROUP (03390) has issued a positive profit alert, forecasting a turnaround in its financial performance for the first half of 2026.

According to a company announcement, the group expects to record a pre-tax profit of no less than approximately HK$6 million for the six months ending June 30, 2026. This marks a significant improvement compared to the pre-tax loss of approximately HK$7.4 million reported for the same period in 2025.

The company attributed this expected turnaround primarily to a reduction in administrative expenses and finance costs. Additionally, the sale of a subsidiary during the first half of 2026 generated a gain of approximately HK$4.3 million, which boosted other income and gains.