EASYKNIT INTERNATIONAL HOLDINGS LIMITED (1218) Expects Sharply Reduced Interim Net Loss

Bulletin Express
2025/11/21

According to an announcement released by EASYKNIT INTERNATIONAL HOLDINGS LIMITED (1218), the net loss for the six months ended 30 September 2025 is expected to be not more than HK$110 million, compared with approximately HK$709.5 million for the same period in 2024. The decline is mainly attributed to a decrease in write-down on properties and a reduction in loss from discontinued operation, partially offset by higher loss on changes in the fair value of investment properties and a lower gain on bargain purchase.

The data is based on the latest unaudited consolidated management accounts. The final interim results for the period are slated for publication on or before 30 November 2025. Shareholders and investors are advised to exercise caution when dealing in the company’s securities.

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