UBA Investments Limited Announces Expected HK$10 Million Profit for Year Ending March 2025, Reversing Previous Year's Loss

Reuters06-18
UBA Investments Limited Announces Expected HK$10 Million Profit for Year Ending March 2025, Reversing Previous Year's Loss

UBA Investments Limited has announced a positive profit outlook for the fiscal year ending March 31, 2025. The company expects to record a profit of approximately HK$10 million, marking a significant turnaround from the loss reported for the previous year ending March 31, 2024. This anticipated profit is attributed mainly to gains on financial assets valued at fair market value through profit or loss. The announcement, made in compliance with the Hong Kong Stock Exchange's Listing Rules and Inside Information Provisions, cautions that the figures are based on preliminary unaudited management accounts and may be subject to adjustments. Detailed annual results are expected to be released by the end of June 2025. Shareholders and investors are advised to exercise caution when trading company shares based on this preliminary information.

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