Henry Gar Group (03638.HK): Swing to Profit for the Year, with Profit Expected at HK$25 Million to HK$30 Million

NewTimeSpace News: On June 15, 2026, Henry Gar Group (03638.HK) released a positive profit alert. Based on a preliminary review of the unaudited consolidated management accounts, the Group is expected to achieve a profit of about HK$25 million to HK$30 million for the year ended March 31, 2026, turning from a loss to profit, compared with a loss of approximately HK$73.8 million in the previous year.

The turnaround is mainly attributable to other income generated from the computer and electronic products trading business, a substantial performance growth of the family office service business, as well as the absence of a loss of around HK$56 million arising from the fair value change upon the reclassification of properties, plant and equipment to investment properties, which was recorded in the preceding year.

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