BIOSYSEN Turns Profitable with Expected Net Gain of HK$20 Million for Interim Period
Stock News
Yesterday
BIOSYSEN (HK: 01355) has issued a positive profit alert, signaling a significant turnaround in its financial performance for the six months ending June 30, 2026.
According to the company's announcement, the group anticipates recording a net profit attributable to shareholders of approximately HK$20 million for the period, a stark contrast to the loss of around HK$13.5 million reported in the same period last year.
This expected swing to profitability is primarily driven by a one-off gain of roughly HK$65.8 million arising from the early termination of a lease agreement, which has substantially boosted the company's bottom line for the reporting period.
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