REGENT PACIFIC GROUP (00575.HK): Expected to Swing to Profit in First Half

NewTimeSpace News: On August 3, 2026,REGENT PACIFIC GROUP(00575.HK) issued a positive profit forecast. Based on preliminary assessment of unaudited consolidated management accounts, the Group expects to register a profit ranging from approximately US$500,000 to US$1 million during the reporting period, compared with a loss of about US$2.22 million in the corresponding period of last year.

According to the announcement, the improved profitability is mainly attributable to a net milestone payment of US$4.5 million received from Fosun Wanbang following the approval of the New Drug Application for Senstend™.

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