"Increasing Profit" INNOVAX HLDGS forecasts a profit of at least 15 million yuan in the first half of the year

INNOVAX HLDGS (02680.HK) issued a profit warning, expecting a profit of between HKD 15 million and HKD 20 million for the six months ending in August, compared to a loss of HKD 22.9 million in the same period last year. The turnaround from loss to profit is mainly due to the total net gain from realized and unrealized gains on financial assets accounted for at fair value