Scorching Dragon trims FY2025 loss forecast to HK$14.00–16.00 million after HK$12.00 million one-off gain

Bulletin Express

03/31

Scorching Dragon Holdings Limited (formerly Dragon King Group Holdings) has revised its profit warning for the financial year ended 31 December 2025. After discussions with its auditor, the group now expects a non-cash gain of approximately HK$12.00 million from the deconsolidation of two restaurant-operating subsidiaries in Whampoa and Kwun Tong that are under High Court winding-up orders.

The one-off gain lowers the previously announced projected loss, reducing the anticipated net deficit to between HK$14.00 million and HK$16.00 million. All other information in the 26 March 2026 profit warning remains unchanged.

A board meeting is set for 31 March 2026 to approve and publish the audited FY2025 results. Trading in the company’s shares has been suspended since 20 October 2025 and will continue until the resumption guidance from the Stock Exchange is satisfied.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of Scorching Dragon Holdings.

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After discussions with its auditor, the group now expects a non-cash gain of approximately HK$12.00 million from the deconsolidation of two restaurant-operating subsidiaries in Whampoa and Kwun Tong that are under High Court winding-up orders.</p>\n<p>The one-off gain lowers the previously announced projected loss, reducing the anticipated net deficit to between HK$14.00 million and HK$16.00 million. All other information in the 26 March 2026 profit warning remains unchanged.</p>\n<p>A board meeting is set for 31 March 2026 to approve and publish the audited FY2025 results. Trading in the company’s shares has been suspended since 20 October 2025 and will continue until the resumption guidance from the Stock Exchange is satisfied.</p>\n<p>Shareholders and potential investors are advised to exercise caution when dealing in the shares of Scorching Dragon Holdings.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"08493","symbol_name":"炙龙控股","start_time":0,"source_url":"","article_id":"1192989965","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1192989965","pubTimestamp":1774931039,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"Scorching Dragon Holdings Limited (formerly Dragon King Group Holdings) has revised its profit warning for the financial year ended 31 December 2025. After discussions with its auditor, the group now...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"08493":"炙龙控股"},"translate_title":"在一次性收益1,200万港元后，Scorching Dragon将2025财年亏损预测下调至1,400万至1,600万港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08493":1},"content_text":"Scorching Dragon Holdings Limited (formerly Dragon King Group Holdings) has revised its profit warning for the financial year ended 31 December 2025. After discussions with its auditor, the group now expects a non-cash gain of approximately HK$12.00 million from the deconsolidation of two restaurant-operating subsidiaries in Whampoa and Kwun Tong that are under High Court winding-up orders.\nThe one-off gain lowers the previously announced projected loss, reducing the anticipated net deficit to between HK$14.00 million and HK$16.00 million. All other information in the 26 March 2026 profit warning remains unchanged.\nA board meeting is set for 31 March 2026 to approve and publish the audited FY2025 results. Trading in the company’s shares has been suspended since 20 October 2025 and will continue until the resumption guidance from the Stock Exchange is satisfied.\nShareholders and potential investors are advised to exercise caution when dealing in the shares of Scorching Dragon Holdings.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}