Milan Station Issues Profit Alert, Anticipates Turnaround with HK$1-4 Million Net Profit for 2025
Stock News
Mar 25
Milan Station (01150) announced that the group expects to report a net profit attributable to owners of the company ranging between approximately HK$1 million and HK$4 million for the year ending December 31, 2025. This represents a significant improvement compared to the loss of approximately HK$26.3 million recorded for the year ended December 31, 2024. The board attributes the expected improvement in the group's performance primarily to a net gain of about HK$15.7 million from financial assets at fair value through profit or loss, compared to a net gain of approximately HK$7.8 million as of December 31, 2024.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.