KINETIX SYSTEMS (08606) Issues Profit Alert, Anticipates Net Profit of HKD 30-40 Million for FY2025, Turning Around from Loss

Stock News

03/19

KINETIX SYSTEMS (08606) announced that the group expects to achieve a net profit ranging between HKD 30 million and HKD 40 million for the fiscal year ending December 31, 2025. This represents a significant turnaround compared to the net loss of approximately HKD 69 million recorded for the year ended December 31, 2024. The board of directors attributes this improvement in profitability primarily to an increase in gross profit, driven by a rise in revenue resulting from a greater number of projects related to information technology development solutions and IT infrastructure services.

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