EDVANCE INTL (01410) Issues Profit Alert, Expects Interim Net Profit Attributable to Shareholders of HK$23-27 Million

Stock News
Oct 31, 2025

EDVANCE INTL (01410) announced that, based on a preliminary assessment of the group's unaudited consolidated management accounts and currently available information for the six months ended September 30, 2025 (first half of fiscal 2026), the group expects to record a net profit attributable to shareholders of approximately HK$23 million to HK$27 million, compared to an unaudited net loss attributable to shareholders of about HK$1.2 million for the same period in fiscal 2025. This marks a turnaround from loss to profit.

The key driver behind this improvement is a fair value gain of approximately HK$17.7 million (first half of fiscal 2025: a fair value loss of HK$11.2 million) on financial assets at fair value through profit or loss, related to unlisted investments in Hong Kong Digital Asset Exchange Group Limited’s holding company. The valuation was conducted by an independent professional valuer as of September 30, 2025.

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