Sau San Tong Holdings Limited Issues Profit Warning with Estimated HK$50 Million Loss for Fiscal Year Ending March 2025

Reuters

06/20

Sau San Tong Holdings Limited Issues Profit Warning with Estimated HK$50 Million Loss for Fiscal Year Ending March 2025

Sau San Tong Holdings Limited has issued a profit warning, indicating that the company is expected to record a loss of approximately HK$50 million for the year ending 31 March 2025. This represents a significant increase from the HK$14 million loss reported for the same period in 2024. The company attributes the anticipated loss to a 21% decline in revenue from the distribution sales of cosmetic and skin care products in the PRC, influenced by dampened consumer sentiment. Additionally, there is a noted decrease in the fair value change on financial assets at fair value through profit or loss (FVPL) of approximately HK$34 million. The information is based on a preliminary assessment of unaudited draft consolidated management accounts and is subject to adjustments following further review.

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. Sau San Tong Holdings Limited published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.

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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. 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This represents a significant increase from the HK$14 million loss reported for the same period in 2024. The company attributes the anticipated loss to a 21% decline in revenue from the distribution sales of cosmetic and skin care products in the PRC, influenced by dampened consumer sentiment. Additionally, there is a noted decrease in the fair value change on financial assets at fair value through profit or loss (FVPL) of approximately HK$34 million. The information is based on a preliminary assessment of unaudited draft consolidated management accounts and is subject to adjustments following further review.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Sau San Tong Holdings Limited published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1181","symbol_name":"经销商","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDL60V7sK:1","article_id":"2544220171","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544220171","pubTimestamp":1750422987,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Sau San Tong Holdings Limited has issued a profit warning, indicating that the company is expected to record a loss of approximately HK$50 million for the year ending 31 March 2025. This represents a significant increase from the HK$14 million loss reported for the same period in 2024. The company attributes the anticipated loss to a 21% decline in revenue from the distribution sales of cosmetic and skin care products in the PRC, influenced by dampened consumer sentiment. Additionally, there is a noted decrease in the fair value change on financial assets at fair value through profit or loss  of approximately HK$34 million. The information is based on a preliminary assessment of unaudited draft consolidated management accounts and is subject to adjustments following further review.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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The company attributes the anticipated loss to a 21% decline in revenue from the distribution sales of cosmetic and skin care products in the PRC, influenced by dampened consumer sentiment. Additionally, there is a noted decrease in the fair value change on financial assets at fair value through profit or loss (FVPL) of approximately HK$34 million. The information is based on a preliminary assessment of unaudited draft consolidated management accounts and is subject to adjustments following further review.\n      \n\nDisclaimer: 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. Sau San Tong Holdings Limited published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}