EVER HARVEST GP issues a profit warning, expecting a mid-term net profit attributable to equity holders of approximately HKD 7.7 million, turning a loss into a profit year-on-year
EVER HARVEST GP expects a net profit attributable to equity holders of approximately HKD 7.7 million for the six months ending June 30, 2025, turning a profit compared to a net loss of approximately HKD 9.2 million for the same period in 2024. The main reasons include an increase in service freight volume, with revenue growth of approximately HKD 36 million (an increase of about 20% year-on-year), and the absence of additional tax expenses and fines that occurred in the same period last year
According to the announcement from EVER HARVEST GP (01549), the group expects to achieve a net profit attributable to equity holders of approximately HKD 7.7 million for the six months ending June 30, 2025. In contrast, for the same period in 2024, the company reported a net loss attributable to equity holders of approximately HKD 9.2 million.
The announcement states that the expected increase in profit attributable to equity holders during the reporting period is mainly due to: (i) an increase in revenue of approximately HKD 36 million, representing a growth of about 20% compared to the same period last year, due to an increase in freight volume serviced by the group; and (ii) the absence of additional tax expenses and penalties incurred in the same period last year
