Profit Warning: Matrix Holdings Anticipates Annual Shareholder Loss Between HK$150-190 Million

Stock News
03/23

Matrix Holdings (01005) has issued an announcement stating that, based on a preliminary review of the Group's unaudited consolidated management accounts for the year ending December 31, 2025, and information currently available to the Board, the Group expects to report a loss attributable to owners of approximately HK$150 million to HK$190 million for the 2025 fiscal year. This compares to a loss of approximately HK$299 million recorded for the year ended December 31, 2024. According to currently available information, the anticipated reduction in the loss for 2025 is primarily attributable to the implementation of cost-control measures, which led to a decrease in administrative and distribution expenses. These actions demonstrate the Group's ongoing efforts to review and streamline its cost structure to enhance the capital efficiency of its operations. Furthermore, the Group recorded a decrease in impairment losses for property, plant, and equipment and intangible assets compared to the significant impairment losses recognized in the 2024 fiscal year. The tax expense recorded for the 2025 fiscal year was also lower than that of the 2024 fiscal year.

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