Nexion Tech Signals Turnaround: Projects Over HK$0.20 Million Interim Profit on Surging Cyber-Security Revenue

Bulletin Express08-12 17:25

Nexion Technologies Limited (Nexion Tech) expects to swing to a profit attributable to shareholders of more than HK$0.20 million for the six months ended 30 June 2026, reversing a HK$1.32 million loss recorded a year earlier.

Management attributes the improvement primarily to the cyber security solutions and IT software development segment:

• Adjusted EBITDA for the segment is projected to exceed HK$2.20 million, up from HK$0.63 million in the prior-year period.

• Segment revenue is estimated at HK$13.41 million, a 68.6% increase from HK$7.95 million, adding HK$5.46 million in incremental sales.

The board emphasises that the figures are based on unaudited management accounts and may be subject to change. Full interim results are scheduled for release on or around 24 August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment