COMBA Issues Positive Profit Alert, Anticipates FY2025 Net Profit of at Least HKD 10 Million

Stock News
Feb 12

COMBA Telecom Systems (02342) has announced that the group expects to report a net profit attributable to shareholders of no less than HKD 10 million for the fiscal year ending December 31, 2025. This represents a significant turnaround compared to the net loss of approximately HKD 564 million recorded for the previous fiscal year ended December 31, 2024. The board of directors attributes the return to profitability primarily to an increase in overall revenue and gross profit during the current year. Furthermore, the group has actively pursued improvements in operational efficiency and implemented effective cost and expense control measures, resulting in a reduction in the operating expense ratio. Looking ahead, the board remains confident in the opportunities and prospects within the global ICT market, maintaining a cautiously optimistic outlook.

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