Software solutions produced a turnaround for Telecom Plus Holdings, with an interim net profit of HK$200.37 million against a HK$46.96 million loss a year earlier. Turnover fell to HK$472,000 from HK$109.22 million in the same period the year before. The improvement was due to a debt restructuring programme nearing completion. The company was previously a toy manufacturer called Chun Tai Holdings.