Core Viewpoint - Herald Hold (00114) anticipates a net profit attributable to shareholders ranging from HKD 42 million to HKD 47 million for the six months ending September 30, 2025, compared to HKD 27.2 million for the same period ending September 30, 2024 [1] Financial Performance - The expected increase in profit is primarily driven by net realized and unrealized gains from trading securities amounting to approximately HKD 13 million, up from HKD 10 million for the six months ending September 30, 2024 [1] - The company also expects a one-time after-tax gain of approximately HKD 15 million from the sale of two land parcels located in Shanghai [1] Management Outlook - Despite the anticipated strong performance in the first half of the fiscal year, management expresses significant concern regarding the company's performance in the second half of the fiscal year [1] - This cautious outlook is attributed to ongoing geopolitical tensions and increased competitive pricing pressures within the industry [1]

Core Viewpoint - Herald Hold (00114.HK) expects a net profit attributable to shareholders in the range of HKD 42 million to HKD 47 million for the six months ending September 30, 2025, compared to HKD 27.2 million for the same period ending September 30, 2024 [1] Financial Performance - The anticipated profit increase is primarily driven by net realized and unrealized gains from trading securities amounting to approximately HKD 13 million, up from HKD 10 million for the six months ending September 30, 2024 [1] - The company also expects a one-time after-tax gain of approximately HKD 15 million from the sale of two land parcels located in Shanghai [1] Management Outlook - Despite the positive performance in the first half of the fiscal year, management remains cautious about the company's performance in the second half due to ongoing geopolitical tensions and increased price competition within the industry [1]