AHSAY BACKUP (08290) Issues Profit Alert, Anticipates Net Profit Under HK$1 Million for 2025 Fiscal Year

Stock News
Mar 16

AHSAY BACKUP (08290) has announced that the Group expects to record a net profit not exceeding HK$1 million for the fiscal year ending December 31, 2025. This represents a turnaround from the net loss of approximately HK$2.2 million reported for the same period in 2024. Based on currently available information, the Board attributes the shift to profitability primarily to (i) foreign exchange gains resulting from the depreciation of the US dollar in 2025; (ii) a reduction in staff costs due to a decrease in employee headcount; and (iii) a decrease in other expenses, mainly from lower advertising and marketing expenditures and content acquisition costs. These factors were partially offset by (iv) a decline in revenue from the online backup business, affected by weak service demand.

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