Edvance International Holdings Limited (the “Company,” stock code: 1410) released an announcement indicating an expected turnaround to a net profit of approximately HK$23.0 million to HK$27.0 million for the six months ended 30 September 2025 (“FY2026 1H”). This compares with an unaudited net loss of about HK$1.2 million for the six months ended 30 September 2024 (“FY2025 1H”).
Management attributed the turnaround primarily to a fair value gain of around HK$17.7 million on financial assets at fair value through profit and loss related to an unlisted investment. This contrasts with a fair value loss of roughly HK$11.2 million for the same investment reported in FY2025 1H.
Further details on the Company’s performance for FY2026 1H will be disclosed in its interim results announcement, expected to be published in late November 2025. Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares.