BoardWare (01204.HK): Expected First-Half Profit Growth of No Less Than 50%
NewTimeSpace News: On August 18, 2026,BoardWare(01204.HK) issued a profit forecast stating that, based on a preliminary assessment of unaudited consolidated financial information, it expects profit for the period to increase significantly by no less than 50% compared with approximately HK$0.8 million in the same period last year.
The announcement indicated that the profit growth was primarily attributable to increased revenue from the corporate IT solutions business (particularly professional IT services, managed services, IT equipment leasing, and maintenance consulting services), as well as reduced administrative expenses (mainly due to lower employee benefit expenses and legal professional fees), which collectively offset the impact of decreased revenue from the distribution and resale business, increased R&D expenses, and higher expected credit loss provisions.
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