PHOENITRON HOLD (08066) announced that the group anticipates recording a net profit attributable to company owners of approximately HK$12.48 million for the fiscal year ending December 31, 2025. This compares to a net profit attributable to company owners of approximately HK$450,000 for the same period in 2024. The board of directors attributes this expected profit growth primarily to the combined effect of the following factors: (1) a post-tax profit contribution of approximately HK$27.80 million from the private domain e-commerce platform (2024: zero); (2) a decrease in segment profit from the smart card business of approximately HK$3 million, mainly due to a year-on-year revenue reduction of about HK$1.4 million and a decrease in miscellaneous income of approximately HK$1.1 million; (3) concerning investments in television programs, the group recognized a fair value loss of approximately HK$5.8 million during the reporting period, compared to a fair value gain of about HK$2.9 million in the same period of 2024; (4) a reduction in segment profit from the sale of smart card application systems of approximately HK$1.7 million (2024: profit of HK$1.7 million); (5) a loss of approximately HK$1.1 million from providing artificial intelligence voice technology data services (2024: zero); (6) a year-on-year increase in corporate expenses.
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