--- title: "EFT SOLUTIONS expects an annual net profit after tax of approximately HKD 5.6 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/244451070.md" description: "EFT SOLUTIONS expects the annual net profit after tax to be approximately HKD 5.6 million for the year ending March 31, 2025, a significant decrease from HKD 31.6 million for the same period in 2024. The board noted that the expected changes are mainly influenced by factors such as economic downturn, intensified competition, impairment of goodwill in Macau operations, and increased employee costs" datetime: "2025-06-13T12:22:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244451070.md) - [en](https://longbridge.com/en/news/244451070.md) - [zh-HK](https://longbridge.com/zh-HK/news/244451070.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/244451070.md) | [繁體中文](https://longbridge.com/zh-HK/news/244451070.md) # EFT SOLUTIONS expects an annual net profit after tax of approximately HKD 5.6 million According to the Zhitong Finance APP, EFT SOLUTIONS (08062) announced that the group expects to achieve a net profit after tax of approximately HKD 5.6 million for the year ending March 31, 2025, while for the year ending March 31, 2024, it expects to achieve a net profit after tax of approximately HKD 31.6 million. The board of directors believes that the expected changes are mainly due to the combined effects of the following factors: (i) the revenue and gross profit from the sale of electronic payment terminals and related equipment, as well as the provision of system support and software solution services, have decreased due to economic downturn and intense competition; (ii) impairment losses on goodwill related to the business in Macau, China; (iii) increased employee costs ### Related Stocks - [EFT SOLUTIONS (08062.HK)](https://longbridge.com/en/quote/08062.HK.md) ## Related News & Research - [Indonesia cuts free meal budget as petrol prices soar](https://longbridge.com/en/news/281268779.md) - [MINISO Extends Hong Kong Share Buybacks as 2025 Results Filed](https://longbridge.com/en/news/281398103.md) - [Australian PM Albanese to Address Nation on Fuel Crisis](https://longbridge.com/en/news/281281862.md) - [Yangtze Optical Fibre and Cable Joint Stock Co (YZOFF): New Buy Recommendation for This Technology Giant](https://longbridge.com/en/news/281394871.md) - [UAE begins effort to persuade U.S. and others to open waterway by any means necessary - WSJ](https://longbridge.com/en/news/281276393.md)