EPI (Holdings) Limited Issues Positive Profit Alert for FY2025

Key Highlights

• Profit Turnaround: The Group expects to record a profit attributable to owners of the Company of not less than HK\$4.0 million for the year ended 31 December 2025 (FY2025), compared to a loss of approximately HK\$0.2 million for FY2024.
• Major Contributors to Profit:
  • Exchange Gains: Recognition of exchange gain of approximately HK\$3.4 million due to the appreciation of the Canadian dollar and New Zealand dollar against the Hong Kong dollar during FY2025, versus an exchange loss of HK\$9.4 million in FY2024.
  • Tax Credit: Income tax credit of approximately HK\$1.1 million in FY2025, compared to an income tax expense of HK\$3.1 million in FY2024.
  • Sales of Petroleum: Sales of petroleum, net of royalties, decreased to approximately HK\$63.8 million (FY2024: HK\$73.1 million).
  • Interest Income: Bank and other interest income dropped to approximately HK\$5.2 million (FY2024: HK\$7.6 million).
• Financials Not Yet Audited: The figures are based on unaudited management accounts and may be subject to adjustment, particularly regarding impairment provision on property, plant, and equipment.
• Annual Results Announcement: The audited annual results for FY2025 will be announced before the end of March 2026.

Implications for Shareholders and Investors

• Potential Share Price Movement: The significant turnaround from loss to profit and the factors contributing to this improvement, particularly exchange gains and tax credits, are material and may positively impact investor sentiment and share value.
• Risks and Uncertainties: The final profit figure may be adjusted depending on the final provision for impairment loss on property, plant, and equipment. Investors should be aware of this potential volatility.
• Caution Advised: Shareholders and potential investors are specifically advised to exercise caution in dealing in the shares until the audited results are released.

Board and Governance

The Board comprises three Executive Directors: Mr. Chan Shui Yuen, Mr. Bai Zhifeng, and Mr. Wang Jinglu; and three Independent Non-executive Directors: Mr. Pun Chi Ping, Mr. Khoo Wun Fat, William, and Ms. Jiao Jie. This announcement was authorised and signed by the Executive Director, Mr. Chan Shui Yuen, on 25 March 2026.

Further Information

Details of the Group’s finalised financial performance will be disclosed in the audited annual results announcement for FY2025, expected before March 2026. Investors should monitor these upcoming disclosures for further clarity on the Group’s financial position.

Disclaimer

The information provided herein is based on unaudited management accounts and preliminary assessment by the Board of EPI (Holdings) Limited. Actual results may differ materially from those presented. Investors are reminded to exercise caution and consult their professional advisors before making investment decisions. This article is for informational purposes only and does not constitute investment advice.

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