LOCO HK (08162) announced that the group expects to achieve net profit attributable to owners of the company of no less than approximately HK$17 million for the six months ending June 30, 2025, compared to net profit attributable to owners of the company of approximately HK$4.77 million for the same period ending June 30, 2024, representing significant growth.
The growth is primarily attributed to the stable and continuous growth of the group's core business revenue in metal trading, metal supply chain business, and commodity trading sectors in Hong Kong, mainland China, and internationally, from approximately HK$8.44 billion in the same period last year to an expected operating revenue of over HK$10 billion for just the six-month period, as well as the results of the group's proactive cost optimization efforts.
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