Mobicon Group Limited Issues Profit Warning, Expects Significant Losses for 2025 Due to Reduced Demand and Declining Revenue

Reuters
06/12
Mobicon Group Limited Issues Profit Warning, Expects Significant Losses for 2025 Due to Reduced Demand and Declining Revenue

Mobicon Group Limited has issued a profit warning, indicating a significant decline in profitability for the year ended 31 March 2025. The Group anticipates a loss attributable to shareholders between HK$11 million and HK$13 million, compared to a loss of approximately HK$4.89 million in the previous year. The downturn is primarily attributed to reduced demand for the Group's electrical components in South Africa and decreased customer spending in Hong Kong. The company advises shareholders and potential investors to exercise caution when dealing with its shares, as the figures are based on unaudited management accounts and the final results may differ. The annual results announcement is expected to be published in late 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. Mobicon Group Limited published the original content used to generate this news brief on June 12, 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。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10