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Venture Group Holdings (02221) expects net profit attributable to shareholders of approximately HK$5.9 million in the interim to turn a year-on-year loss into a profit

Zhitongcaijing·11/12/2026 13:01:08
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Zhitong Finance App News, Venture Group Holdings (02221) announced that the Group expects to obtain a net profit (net profit) of approximately HK$5.9 million during the current period (6 months ending September 30, 2026), while the six months ending September 30, 2025 (corresponding period) will obtain a net loss (net loss) attributable to the owners of the Company of approximately HK$19.1 million.

The Board believes that the Group's shift from net loss to net profit is mainly due to improved performance in the Group's construction division. The division is expected to make a profit of about HK$23.2 million during the period, while a segment loss of approximately HK$7.4 million was recorded during the corresponding period. The improvements were mainly due to the Group's implementation of effective cost control measures for a number of construction projects it undertook during this period.