UBOT HOLDING Issues Positive Profit Alert, Anticipates Turnaround to HK$12 Million Profit for FY2025

Stock News
Feb 16

UBOT HOLDING (08529) has announced that the group expects to record a profit attributable to its owners of approximately HK$12 million for the fiscal year ending December 31, 2025. This represents a significant turnaround compared to the loss attributable to owners of approximately HK$23.2 million reported for the previous fiscal year ended December 31, 2024.

The board attributes the anticipated improvement in the company's unaudited consolidated profit for the 2025 fiscal year primarily to two factors. Firstly, sales of trays and tray-related products have increased compared to the 2024 fiscal year, driven by a recovery in demand from the more challenging market conditions experienced in 2024. Secondly, sales of carrier tape and reel products have also risen year-on-year, following an expansion of the company's customer base.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10