AV Concept Holdings Issues Profit Warning with Expected 48% Decline in Annual Profit Due to Semiconductor Market Fluctuations

Reuters

06/23

AV Concept Holdings Issues Profit Warning with Expected 48% Decline in Annual Profit Due to Semiconductor Market Fluctuations

AV Concept Holdings Limited has issued a profit warning, indicating a significant decline in its financial performance for the year ended 31 March 2025. The company's board has announced that the consolidated profit attributable to the owners is expected to decrease by at least 48%, equating to approximately HK$52.4 million, compared to HK$109.2 million in the previous year. This downturn is primarily attributed to a decrease in gross profit margins due to market fluctuations in the semiconductor industry and reduced profits from joint ventures and associates, stemming from poor joint venture performance. The company's financial results are still being finalized, with the audited annual results scheduled for release on 30 June 2025. Investors and shareholders are advised to exercise caution in dealing with 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. AV Concept Holdings Limited published the original content used to generate this news brief on June 23, 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. AV Concept Holdings Limited published the original content used to generate this news brief on June 23, 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":"BK1614","symbol_name":"港股-半导体","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250623:nNDL7nkjz1:1","article_id":"2545412073","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545412073","pubTimestamp":1750685539,"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":"AV Concept Holdings Issues Profit Warning with Expected 48% Decline in Annual Profit Due to Semiconductor Market Fluctuations. Disclaimer: This news brief was created by Public Technologies  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. 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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. AV Concept Holdings Limited published the original content used to generate this news brief on June 23, 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"}}}