Somerley Capital issues positive profit alert, projects HK$2.50 million after-tax profit for six months to 30 September 2026

Bulletin Express
Yesterday

Somerley Capital Holdings Limited (Somerley Capital) released a Positive Profit Alert stating that it expects an after-tax profit of not less than HK$2.50 million for the six-month period ending 30 September 2026, compared with approximately HK$0.20 million for the same period in 2025.

The projected turnaround is primarily driven by an anticipated revenue increase of at least HK$5.00 million, reflecting continued momentum in corporate finance activities. Management notes that higher staff bonuses linked to the revenue growth will raise total employee benefit costs by around HK$3.00 million, partially offsetting the revenue gain.

The profit estimate, derived from unaudited management accounts for the five months ended 31 August 2026, remains subject to review by the company’s auditors and audit committee. Final interim results are scheduled for Board approval and public release in November 2026.

Somerley Capital emphasised that the profit forecast constitutes a profit forecast under Rule 10 of the Hong Kong Takeovers Code and has not yet been reported on by the company’s financial adviser or auditors, as required under Rule 10.4. The firm intends to include the requisite reports in the next shareholder document.

The company also reminded shareholders and potential investors that completion of the pending Sale and Purchase Agreement (SPA) and the subsequent mandatory offers remain conditional; therefore, the offers may or may not proceed. Caution is advised when dealing in Somerley Capital securities until further announcements are made.

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