Most Kwai Chung expects profit after previous year's loss

Most Kwai Chung Limited has issued a positive profit alert, informing shareholders and potential investors that it expects to record a consolidated net profit of not more than HK$7 million for the financial year ending March 31, 2025. This represents a turnaround from the consolidated net loss of approximately HK$9.3 million reported for the year ended March 31, 2024. The anticipated shift to profitability is mainly attributed to a combination of factors, including growth in clients and marketing spend within the digital media services segment, increased revenue driven by performance events organized by the Group during the year, and a fair value gain derived from the step acquisition related to To Be Honest Limited. The company is still finalizing its consolidated financial results, which are expected to be published before the end of June 2025.