According to the announcement released by Wonderful Sky (01260.HK) on November 25th, it is expected that the post-tax profit recorded for the six months ending September 30, 2024 will be no less than HK$30 million, while the post-tax profit recorded for the six months ending September 30, 2023 was approximately HK$2.8 million, with a profit increase of over 10.7 times.
The announcement indicates that the significant increase in profit for this period is mainly due to the increase in interest income from bank deposits and the fair value change income of financial assets recognized at fair value through profit or loss.