i-Control Holdings Limited Announces Positive Profit Turnaround

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2025.10.28 08:40
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i-Control Holdings Limited (HK:1402) has announced a positive profit turnaround, projecting a net profit of up to HK$500,000 for the six months ending September 2025, compared to a net loss of approximately HK$17 million last year. This improvement is due to decreased impairment losses, reduced staff costs, and the disposal of loss-making subsidiaries. The company is finalizing its unaudited financial statements, with results expected in mid-November 2025. The current analyst rating for the stock is a Hold with a price target of HK$0.50.