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Suncorp Technologies Announces Positive Profit Turnaround

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Suncorp Technologies Announces Positive Profit Turnaround

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An update from Suncorp Technologies ( (HK:1063) ) is now available.

Suncorp Technologies Limited has announced a positive profit alert, expecting a net profit of approximately HK$21 million for the six months ended 30 June 2025, compared to a net loss of HK$39 million in the same period last year. This turnaround is primarily due to unrealized gains of financial assets at fair value through profit or loss, amounting to approximately HK$20 million, signaling a significant improvement in the company’s financial performance.

More about Suncorp Technologies

Suncorp Technologies Limited is a company incorporated in Bermuda, focusing on the technology sector. It is listed on The Stock Exchange of Hong Kong Limited under the stock code 1063.

Average Trading Volume: 1,157,164

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$155.4M

For detailed information about 1063 stock, go to TipRanks’ Stock Analysis page.

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