YGM Trading Ltd. Issues Profit Warning, Anticipates HK$25 Million Loss for FY2025

Reuters
06/05
YGM Trading Ltd. Issues Profit Warning, Anticipates HK$25 Million Loss for FY2025

YGM Trading Ltd. has issued a profit warning, forecasting a consolidated loss attributable to shareholders of up to HK$25 million for the fiscal year ending March 31, 2025. This represents a significant increase compared to the HK$5.1 million loss recorded the previous year. The company attributes this anticipated loss to several factors, including declining spending by Chinese tourists in Hong Kong, ongoing economic weakness, low consumer sentiment in both Hong Kong and Mainland China, impairment losses on certain intangible assets, and increased fair value losses on specific investment properties. YGM Trading cautions shareholders and potential investors to exercise care when dealing in the company's shares, as these results are based on preliminary unaudited data and are subject to adjustments before finalization. The full audited results are expected to be released by the end of June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YGM Trading Ltd. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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