VMEP HOLDINGS (00422) has announced an optimistic forecast for its financial performance. The group expects to report a net profit of no less than $3.5 million for the fiscal year ending December 31, 2025. This result marks a significant turnaround from the net loss of approximately $3.8 million recorded in the previous fiscal year ending December 31, 2024.
The primary driver behind this substantial improvement is a major transaction completed during the year. The transaction involved the transfer of land use rights in Bien Hoa City, Dong Nai Province, Vietnam. Details of this transaction were previously disclosed in a company announcement dated November 28, 2025. The completion of this deal allowed the group to recognize a significant one-time gain in the 2025 financial year.
Excluding the impact of this specific gain, the company's core operating business did not experience any major changes during the period.