HeartCore Enterprises Sells HeartCore Japan for $1.8 Billion Proceeds

Reuters02-11 21:30

<a href="https://laohu8.com/S/HTCR">HeartCore Enterprises</a> Sells HeartCore Japan for $1.8 Billion Proceeds

HeartCore Enterprises Inc. has completed the sale of its wholly owned subsidiary, HeartCore Co., Ltd. ("HeartCore Japan"), generating approximately JPY 1.8 billion in proceeds. Following this divestiture, HeartCore is reallocating capital into growth initiatives within the financial services sector, with a particular focus on expanding its Go IPO business. The transaction has resulted in an expected gain of around $7.0 million, substantially improving profitability and contributing to projected net income of $3.0 million to $4.0 million for fiscal year 2025, compared to a net loss in the prior year. Revenue previously generated by HeartCore Japan, estimated at $7.0 million to $8.0 million, has been excluded from the company's consolidated results for 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HeartCore Enterprises Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652695-en) on February 11, 2026, and is solely responsible for the information contained therein.

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(\"HeartCore Japan\"), generating approximately JPY 1.8 billion in proceeds. Following this divestiture, HeartCore is reallocating capital into growth initiatives within the financial services sector, with a particular focus on expanding its Go IPO business. The transaction has resulted in an expected gain of around $7.0 million, substantially improving profitability and contributing to projected net income of $3.0 million to $4.0 million for fiscal year 2025, compared to a net loss in the prior year. Revenue previously generated by HeartCore Japan, estimated at $7.0 million to $8.0 million, has been excluded from the company's consolidated results for 2025.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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