Core Viewpoint - The company expects a decline of 20% to 40% in after-tax profit for the six months ending June 30, 2025, compared to approximately HKD 42,523,000 in the same period last year [1] Group 1: Financial Performance - The expected decrease in after-tax profit is primarily attributed to overall industry volatility [1] - The sales price of steel cord has decreased year-on-year due to intense competition starting in the second half of 2024, leading to a reduction in gross profit [1] - The situation is expected to improve in the first half of 2025, with after-tax profit approaching the total after-tax profit for the entire year of 2024 [1]

Core Viewpoint - The company expects a decline of 20% to 40% in after-tax profit for the six months ending June 30, 2025, compared to approximately HKD 42.523 million for the same period ending June 30, 2024 [1] Group 1: Financial Performance - The after-tax profit for the six months ending June 30, 2024, is approximately HKD 42.523 million [1] - The anticipated decline in after-tax profit is attributed to overall industry fluctuations and increased competition starting in the second half of 2024 [1] - The sales price of steel cord has decreased year-on-year, leading to a reduction in gross profit [1] Group 2: Industry Context - The industry is experiencing intensified competition, which is impacting pricing strategies [1] - The situation is expected to improve in the first half of 2025, with after-tax profit approaching the total for the entire year of 2024 [1]