NOIZ GROUP issues a profit warning, expecting to turn a loss into a profit of approximately HKD 2 million in the first half of the year compared to the same period last year

NOIZ GROUP expects to achieve a net profit of approximately HKD 2 million in the first half of 2025, turning around from a net loss of HKD 15 million in the same period of 2024. The main reasons include a reduction in overall operating costs of approximately HKD 7 million, a decrease in estimated interest expenses on convertible bonds of approximately HKD 6 million, and gains of approximately HKD 3 million from the sale of several properties, factories, and equipment