Yurun Food Issues Profit Warning, Anticipates HK$70 Million Loss for 2025 Fiscal Year

Stock News
03/17

Yurun Food (01068) has announced an anticipated net loss of approximately HK$70 million for the fiscal year ending December 31, 2025. This represents an increase compared to the loss of about HK$36 million recorded in the 2024 fiscal year.

The expanded loss is primarily attributed to the combined impact of several factors. Firstly, a one-time reduction in lease liabilities and gains from debt settlements totaling roughly HK$117 million, which were recognized in the previous year, did not recur in the 2025 fiscal year. Secondly, there was a decrease of approximately HK$36 million in the provision for deductible value-added tax reductions. Additionally, provisions for reductions related to property, plant, and equipment decreased by about HK$21 million. Finally, impairment losses on property, plant, and equipment also saw a reduction of around HK$32 million during the review period.

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