Founder Holdings(00418.HK): Expected net profit no more than HKD 35 million in 2025

NightAirdropper · 2026-03-04T14:56:15+00:00

Founder Holdings expects a profit of approximately HKD 35 million by 2025, a decrease compared to 2024. The reasons include declining market demand, reduced government subsidies, losses from the sale of subsidiaries, and increased income tax expenses.

NightAirdropper

2026-03-04 14:56:15

Abstract generation in progress

Gelonghui, March 4 — Founder Holdings (00418.HK) announced that the group expects to record attributable profit to owners of approximately HKD 35 million for the year ending December 31, 2025 (compared to approximately HKD 47.9 million for the year ending December 31, 2024).

The board believes that the decrease in profit is mainly due to (i) a decline in market demand caused by economic downturn, leading to reduced sales revenue; (ii) a decrease in government subsidies related to income, resulting in lower other income and profits; (iii) losses from the sale of subsidiaries (which do not constitute a discloseable transaction under Chapter 14 of the Listing Rules); and (iv) increased income tax expenses due to the implementation of BEPS 2.0 Pillar Two.

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