Cocoon (HKG:0428) expects a net profit attributable to owners of not less than HK$10 million for 2025, compared with a net loss of HK$76.8 million a year earlier, according to a March 20 Hong Kong bourse filing.
Shares of the securities company fell nearly 17% in Monday afternoon trade.
The company said the turnaround was mainly driven by gains on equity securities, compared with losses a year earlier.
Cocoon expects to publish its annual results in late March.
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