The company has issued a positive profit alert, forecasting an attributable net profit of approximately HK$1.8 million for the financial year ending March 31, 2026.

This represents a significant reversal from the previous corresponding period, which recorded an attributable net loss of about HK$97.8 million.

The shift from loss to profit is primarily due to two key factors.

Firstly, the prior period included a one-off loss of roughly HK$40.7 million recognized on the disposal of Admiral Glory Global Limited, which is considered a non-recurring item.

Secondly, due to management's efforts to improve collection of trade and other receivables, the current period is expected to record a net gain of about HK$17 million on expected credit losses for these receivables.

This contrasts sharply with the previous period, which saw a net provision for expected credit losses of HK$32.5 million.