PHOENITRON HOLD (08066) announced that the group expects to achieve a turnaround from after-tax loss to after-tax profit for the six months ended June 30, 2025. The expected after-tax profit for the reporting period is anticipated to be approximately HK$40.4 million, compared to an after-tax loss of approximately HK$3.05 million for the same period in 2024.

The board of directors believes that the expected after-tax profit is primarily attributable to the combined effects of the following factors: (1) the operation of private domain e-commerce platform and provision of artificial intelligence voice technology data services generated after-tax profits of approximately HK$37.3 million and approximately HK$5.8 million respectively (2024: nil); (2) SIM card business segment revenue increased by approximately 25% year-on-year, resulting in an increase in segment profit of approximately HK$3.5 million; and (3) regarding investments in television programs, the group did not record any fair value gains or losses during the reporting period, whereas fair value gains of approximately HK$2.9 million were recorded in the same period of 2024.