HERALD HOLD announced that the group expects its net profit attributable to shareholders for the year ending March 31, 2026, to be in the range of HKD 45 million to HKD 55 million (for the year ending March 31, 2025: HKD 32.9 million). This change is primarily due to a one-time after-tax gain of approximately HKD 18 million from the disposal of two plots of land located in Shanghai. Despite this one-time gain and the satisfactory performance, management remains highly attentive to the group's results for the coming year. Raw material, labor, and logistics costs continue to be elevated within the manufacturing sector, while customers persistently apply pressure for price reductions, leading to a contraction in profit margins. Furthermore, the appreciation of the Renminbi has placed additional strain on the group's production and operating costs within mainland China.