Wonderful Sky Financial Group Expects Over HK$40 Million Profit After Tax in 2025, Rebounding from Previous Year's Loss

Reuters
26 Jun
Wonderful Sky Financial Group Expects Over HK$40 Million Profit After Tax in 2025, Rebounding from Previous Year's Loss

Wonderful Sky Financial Group Holdings Limited has issued a positive profit alert, indicating a significant turnaround in its financial performance. The Group expects to record a profit after taxation of not less than HK$40 million for the year ended 31 March 2025, contrasting sharply with a loss of approximately HK$66.5 million for the previous year. This improvement is attributed to a substantial decrease in losses related to the disposal or derecognition of debt instruments at fair value through other comprehensive income, reduced exchange losses due to currency fluctuations, increased interest income from bank deposits, and a gain in the fair value of financial assets at fair value through profit or loss. However, the results are based on preliminary assessments and have not yet been audited. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wonderful Sky Financial Group Holdings Limited published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein.

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