AV CONCEPT HOLD (HKEX: 00595) has announced a positive profit alert for the financial year ending March 31, 2026.

The group anticipates that the consolidated profit attributable to company owners for the year will increase by no less than 310% compared to the approximately HK$53.7 million recorded for the year ended March 31, 2025, representing an increase to about HK$167 million.

This projected significant rise is primarily attributed to two key factors.

Firstly, the group's gross profit margin has improved compared to the previous financial year, largely driven by an increase in product selling prices during the current period.

Secondly, the share of profits and losses from joint ventures and associates has increased year-on-year, mainly due to an enhanced performance from the joint ventures in the current financial year.