HOME CONTROL Issues Positive Profit Alert, Anticipates 150% to 200% Surge in Annual Net Profit Attributable to Owners for 2025

Stock News

Mar 04

HOME CONTROL (01747) has announced that the group expects a significant increase in its net profit attributable to owners for the fiscal year ending December 31, 2025. The projected growth is approximately 150% to 200% compared to the same period in 2024.

The Board of Directors attributes this substantial improvement in profitability primarily to two key factors. Firstly, enhanced business performance was driven by increased sales in the healthcare solutions segment. This division's contribution to the group's total revenue rose from about 14% in 2024 to approximately 21% in the current year. Notably, healthcare solutions carry a higher gross profit margin than the sale of control solutions, which has positively impacted the group's overall profit margin. Secondly, the result was aided by the absence of a one-time impairment loss on financial assets measured at amortized cost, which was recognized in the previous year.

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