EFT Solutions Warns of Sharp Profit Drop for First Half of 2025
EFT Solutions Holdings Ltd. has warned of a sharp profit drop for the first half of 2025, expecting a net profit after tax of approximately HK$2.3 million, down from HK$9.2 million in 2024. The decline is attributed to reduced revenue from EFT-POS terminals and increased competition, alongside losses from an associate. Shareholders and potential investors are advised to exercise caution with the company's securities.
EFT Solutions Holdings Ltd. has issued a profit warning, announcing that it expects to record a net profit after tax of approximately HK$2.3 million for the six months ended 30 September 2025. This represents a significant decrease compared to the net profit after tax of around HK$9.2 million for the same period in 2024. The company attributes the decline primarily to reduced revenue and gross profit from sales of EFT-POS terminals, peripheral devices, and system support and software solutions services, which were impacted by an economic downturn and increased competition. Additionally, the recognition of a share of loss from an associate contributed to the lower profit. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EFT Solutions Holdings Ltd. published the original content used to generate this news brief on October 28, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
