Core Viewpoint - The electronic trading group (08036) anticipates a profit of approximately HKD 1.5 million for the six months ending June 30, 2025, compared to a total comprehensive loss of about HKD 1.4 million in the same period last year, indicating a turnaround to profitability [1] Financial Performance - The expected comprehensive income for the upcoming period is around HKD 1.5 million [1] - The previous year's comprehensive loss was approximately HKD 1.4 million [1] Contributing Factors - The board attributes the turnaround to an increase in fair value gains on financial assets and a reduction in employee costs [1]

Core Viewpoint - The company expects a revenue increase of approximately 30% to 35% for the six-month period ending June 30, 2025, compared to the previous period, but anticipates a larger loss for equity holders [1][2]. Financial Performance - Revenue is projected to rise due to new contracts awarded last year and during the current period, which have provided a satisfactory level of workload [1]. - The expected loss for equity holders is estimated to be between HKD 21 million and HKD 26 million, compared to a loss of approximately HKD 10.5 million in the previous period [1]. Factors Contributing to Loss - The increase in loss is attributed to a challenging and uncertain business environment in Hong Kong, with significant credit risk, particularly in the construction industry, due to financial constraints faced by major developers [2]. - The company has made substantial provisions for bad debts and expected credit losses related to receivables and contract assets to address potential default risks [2]. - The period also incurred significant costs related to litigation and arbitration cases, with hearings for arbitration expected to conclude in the first half of 2025 and litigation hearings anticipated to finish by the end of August 2025 [2]. - Some offsetting factors include considerable interest income from restricted cash provided as performance guarantees by Fok Hing Insurance (Hong Kong) Limited and fair value gains on financial assets [2].

Group 1 - The company, Wan Shi Chang International (00898), anticipates a consolidated profit before tax of approximately HKD 280 million to HKD 320 million for the six months ending June 30, 2025, compared to a profit before tax of about HKD 167 million for the same period ending June 30, 2024 [1] - The significant improvement in financial performance is primarily attributed to an increase in the fair value gains of financial assets recognized at fair value through profit or loss [1] - The relatively low level of the Hong Kong Interbank Offered Rate (HIBOR) has contributed to a decrease in financing costs [1]

Core Viewpoint - The company expects a significant increase in pre-tax profit for the six months ending June 30, 2025, compared to the same period in 2024, indicating strong financial performance improvement [1] Financial Performance - The anticipated pre-tax profit for the period is projected to be between approximately HKD 280 million and HKD 320 million, a substantial increase from the HKD 167 million recorded for the six months ending June 30, 2024 [1] - The improvement in financial performance is primarily attributed to an increase in the net fair value gains of financial assets measured at fair value through profit or loss [1] - Additionally, the relatively low level of the Hong Kong Interbank Offered Rate (HIBOR) has contributed to a decrease in financing costs [1]