-+ 0.00%
-+ 0.00%
-+ 0.00%
Delin Holdings (01709) is expected to reduce net profit to about HK$75-80 million in the medium term
Share
Listen to the news

According to the Zhitong Finance App, Delin Holdings (01709) announced that the Group's net profit for the six months ended September 30, 2026 is expected to be between about HK$75 million to HK$80 million, while the net profit for the six months ended September 30, 2025 will be approximately HK$2023 million. According to the relevant information obtained, the Board of Directors believes that the reduction is mainly due to: (i) the reduction in fair value of fair value earnings generated by associated company investments recorded at fair value during the period; (ii) the increase in share-based payment expenses during the period due to the granting of share options and share awards to certain directors, employees and advisors; and (iii) fair value losses on certain financial assets recorded at fair value during the period.

Despite this decrease in expected profits, the Group expects to maintain a good profit during the period, benefiting from operating profits generated from financial services and lending services providing licensed businesses; and overall fair value returns on financial assets included in fair value during the period.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending