Easyhold Group Holdings(01703.HK): Expected to Swing to Profit for the Year with Profit of No Less Than HK$8 Million

NewTimeSpace News: On 29 June 2026, Easyhold Group Holdings(01703.HK) released a positive profit alert. Based on a preliminary review of the draft unaudited consolidated management accounts of the Group for the current year and information currently available to the Board, the Company is expected to achieve a net profit of no less than HK$8 million for the current year, as compared with an audited net loss of approximately HK$31.9 million for the year ended 31 March 2025.

The Board considers that the swing from loss to profit is mainly attributable to revenue growth driven by an increase in the number of restaurants, together with the closure of underperforming restaurants with high rental costs.

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