EuroEyes (1846.HK) Announces Positive Profit Alert

8th May 2022

EuroEyes (1846.HK) Announces Positive Profit Alert

EuroEyes (1846.HK) Announces Positive Profit Alert

Profit Attributable to Owners of the Company Ranges From HK$132 million to HK$138 million

【13 January 2022, Hong Kong】EuroEyes International Eye Clinic Limited (“EuroEyes” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1846), a leading global vision correction service provider, announced today that based on a preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2021 (the “Year”) and the information currently available to the Board, the Group expects to record a profit attributable to owners of the Company in the range of HK$132 million to HK$138 million, as compared to HK$65.6 million for the year ended 31 December 2020 (“Last Year”).

The Board of the Company considers that the turnaround in the financial results and performance of the Group for the Year as compared to Last Year is principally attributable to the combined effects of (i) the increase in demand for performing the Phakic Lens (ICL) and Trifocal Lens Exchange; (ii) the number of eye surgeries has remained robust and continued to grow after the second half of 2021; and (iii) the impact of COVID-19 pandemic on the Group’s overall business has been under control.