STARLITE HOLD (00403) Issues Profit Warning, Expects Interim Net Loss Not Exceeding HK$30 Million

Stock News
2025/11/11

STARLITE HOLD (00403) announced that it expects to record a net loss attributable to company owners not exceeding HK$30 million for the six months ending September 30, 2025, compared to a net profit of approximately HK$7 million in the same period last year.

The board attributed the expected loss primarily to the following factors: 1. Intense market competition and uncertainties surrounding U.S. government-imposed tariffs on trade, leading to reduced orders from packaging clients and U.S. customers, resulting in a significant revenue decline. 2. Increased losses from the green packaging division compared to the previous year, driven by higher product development costs for new items and rising online/offline promotional expenses. 3. Ongoing relocation of certain production lines to Malaysia, with capacity yet to fully recover and clients placing trial orders during this transition period.

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