Shunten International Holdings Ltd. Issues Profit Warning, Expects Significant Loss for Year Ending March 2025

Reuters
2025/06/16
Shunten International Holdings Ltd. Issues Profit Warning, Expects Significant Loss for Year Ending March 2025

Shunten International Holdings Ltd. has issued a profit warning, indicating an expected unaudited consolidated loss of between approximately HK$33.0 million and HK$39.0 million for the year ended 31 March 2025. This marks a significant downturn compared to a consolidated profit of approximately HK$0.6 million reported for the previous year. The company attributes this anticipated loss to declining revenue and gross profit, primarily driven by weak retail market conditions and consumer sentiment in Hong Kong and Macau, as well as a decrease in the fair value of investment properties. Despite these challenges, Shunten International emphasizes maintaining sustainable business operations with sufficient liquidity and is focused on expanding business channels, enhancing brand image, optimizing cost structures, and strengthening competitive advantages to improve long-term business performance. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. The detailed annual results announcement is expected to be published on 26 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. Shunten International Holdings Ltd. published the original content used to generate this news brief on June 16, 2025, and is solely responsible for the information contained therein.

应版权方要求,你需要登录查看该内容

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