JU FU TANG BIOT Anticipates Annual Net Profit of HK$23 Million, Reversing Previous Year's Loss
Stock News
Jun 22
JU FU TANG BIOT (08217) has issued a positive profit alert for the financial year.
The group forecasts a net profit attributable to shareholders of approximately HK$23 million for the year ending March 31, 2026.
This result marks a significant turnaround from the net loss of about HK$6 million reported for the previous fiscal year ending March 31, 2025.
The anticipated profit is primarily attributed to a fair value gain of roughly HK$27 million from financial assets measured at fair value through profit or loss.
Additionally, the implementation of a cost-control strategy by the group has led to a reduction in administrative and other operating expenses.
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