China-Hongkong Photo Products Holdings Ltd. Issues Profit Warning, Expects Net Loss of Up to HK$3 Million for 2025

Reuters
06/06
China-Hongkong Photo Products Holdings Ltd. Issues Profit Warning, Expects Net Loss of Up to HK$3 Million for 2025

China-Hongkong Photo Products Holdings Ltd. has issued a profit warning, indicating that the company expects to record a net loss of no more than HK$3 million for the year ending March 31, 2025. This represents a significant decline compared to the net profit of approximately HK$29.8 million reported for the previous year. The company attributes the decrease in profit primarily to a reduction in revenue and gross profit, which has been affected by dampened consumer sentiment. Despite the anticipated loss, the board maintains that the overall financial position and operations of the group remain solid. The company is in the process of finalizing its annual results, which are expected to be announced by late June 2025. Investors and shareholders are advised to exercise caution when dealing with the company's shares.

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. China-Hongkong Photo Products Holdings Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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