Xinxing Printing (01975) made a profit. The expected profit during the year was about HK$10 million to HK$20 million, turning a year-on-year loss into a profit

Zhitong Finance App News, Xinxing Printing (01975) issued an announcement. Compared with the Group's loss of approximately HK$88.6 million for the year ended June 30, 2025, the Group is expected to make a profit of about HK$10 million to HK$20 million during the year.

According to the announcement, the expected shift from loss to profit during the year was mainly due to the following factors: for the year ended June 30, 2025, the Group confirmed a total impairment loss of approximately HK$87.7 million on property, plant and equipment, and right-of-use assets, while for the year ended June 30, 2026, no impairment loss was confirmed for such assets. Global customers have launched more new projects related to printing and promotion products, driving an increase in demand for packaging and paper gift set printing, leading to an increase in related business revenue and an increase in the Group's overall revenue.