ETS GROUP (08031) Issues Profit Warning, Anticipates Annual Loss Attributable to Shareholders of No Less Than HK$8 Million

Stock News
Feb 05

ETS GROUP (08031) has announced that the group expects to record a net loss attributable to the company's owners of no less than HK$8 million for the fiscal year ending December 31, 2025. This contrasts with the net profit of approximately HK$17.509 million reported for the 2024 fiscal year, which included profits from continuing operations of about HK$8.409 million and profits from discontinued operations of about HK$9.1 million.

The shift from a net profit position in the 2024 fiscal year to a net loss position in the 2025 fiscal year is primarily attributed to the following factors: (i) The 2024 fiscal year included a one-time gain of approximately HK$3.644 million from the disposal of the group's financial services business operations and a profit of about HK$5.456 million from the cessation of those financial services operations, gains which were not present in the 2025 fiscal year; (ii) The group's unaudited total revenue from continuing operations decreased from approximately HK$80.726 million in the 2024 fiscal year to about HK$76.36 million in the 2025 fiscal year; (iii) The 2024 fiscal year benefited from a gain on the revaluation of financial assets, a benefit that was not realized in the 2025 fiscal year.

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