Tsui Wah Holdings Ltd. Issues Profit Warning, Expects 50-70% Decline in Annual Profit

Reuters
06-20
Tsui Wah Holdings Ltd. Issues Profit Warning, Expects 50-70% Decline in Annual Profit

Tsui Wah Holdings Limited has issued a profit warning, forecasting a significant decline in profit for the financial year ended 31 March 2025. The company anticipates a decrease in profit attributable to its owners by at least 50% and possibly up to 70% compared to approximately HK$39 million for the previous financial year. This decline is primarily attributed to the challenging economic conditions in Hong Kong and mainland China, increased northbound travel from Hong Kong, intense competition within the food and beverage sector in mainland China, and the ongoing impact of the US-China trade war. The announcement is based on preliminary assessments of unaudited management accounts and is subject to change. Shareholders and potential investors are urged to exercise caution when dealing in the company's securities.

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. Tsui Wah Holdings Ltd. published the original content used to generate this news brief on June 20, 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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