Hybrid Kinetic Group Limited Issues Positive Profit Warning and Trading Update
Hybrid Kinetic Group Limited Issues Positive Profit Warning and Trading Update
Key Highlights
- Positive Profit Warning: The company expects to record a net profit of not less than HK\$30 million for the year ended 31 December 2025, marking a significant turnaround compared to the net loss of approximately HK\$14 million for the corresponding period in 2024.
- Primary Drivers: This positive shift is mainly attributable to:
- Resurgence in revenue from the vehicle batteries and spare parts business during the reporting period.
- Decrease in administrative expenses during the reporting period.
- Gains on disposals of subsidiaries during the reporting period.
- Continued Suspension of Trading: Trading in the shares of Hybrid Kinetic Group Limited remains suspended since 1 April 2025. The suspension will continue until the company fulfills the resumption guidance issued by the Stock Exchange.
- Results Announcement: The final audited results for the year ended 31 December 2025 are expected to be released on 27 March 2026. The figures disclosed in this announcement are based on preliminary unaudited management accounts and may be subject to adjustments.
- Board Composition: The Board consists of seven directors, including two executive directors, two non-executive directors, and three independent non-executive directors.
Details for Shareholders and Investors
Hybrid Kinetic Group Limited has issued a positive profit warning, signaling a substantial improvement in financial performance for the year ended 31 December 2025. The expected net profit of at least HK\$30 million is a strong recovery from the net loss of HK\$14 million in the previous year. This turnaround is driven by strategic improvements and operational efficiency, which include increased revenue from core business segments, reduced administrative expenses, and profits from subsidiary disposals.
Potential Price Sensitivity: The announcement contains material information that could affect share values. The shift from loss to profit is a major development and may impact investor sentiment and valuation once trading resumes. Additionally, the ongoing trading suspension remains a critical issue for shareholders, as the shares will not be tradable until the company meets the Stock Exchange’s requirements for resumption.
Investors should note that the financial information provided is based on preliminary unaudited management accounts, and final figures may differ after audit. The company advises shareholders and potential investors to exercise caution and consult independent professional advisers if uncertain about their position.
Trading Suspension and Next Steps
Shares of Hybrid Kinetic Group Limited have been suspended since 1 April 2025. The suspension is expected to continue until the company fulfills all requirements set by the Stock Exchange for trading resumption. The final results announcement is scheduled for 27 March 2026, at which time more detailed financial data will be released.
Board Composition
As of the announcement date, the Board comprises:
- Mr. Shan Chuanlong (Chairman, Executive Director)
- Mr. Kong Fan (Executive Director)
- Mr. Ruan Jian (Non-Executive Director)
- Mr. Zheng Yu (Non-Executive Director)
- Ms. Pan Hong (Independent Non-Executive Director)
- Mr. Wu Wenchang (Independent Non-Executive Director)
- Mr. Yuen Wai Keung (Independent Non-Executive Director)
Investor Guidance
Shareholders and potential investors are strongly urged to exercise caution when dealing in the shares or other securities of the company given the trading suspension and pending release of audited figures. Any changes in the company’s financial status, fulfillment of resumption guidance, or new disclosures could significantly affect share values.
Disclaimer: This article is based on publicly available information and preliminary unaudited figures disclosed by Hybrid Kinetic Group Limited. Investors should not rely solely on this information for investment decisions and should seek professional advice as appropriate. The company’s financial results, trading status, and share price may be subject to change pending further announcements and regulatory actions.
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