Winox (HKG:6838) expects a loss of between HK$13 million and HK$15 million in the first half of 2025, compared with a net profit of HK$9.3 million a year prior, a Monday Hong Kong bourse filing said.

The stainless steel products company attributed the forecast to the payment of termination compensation under a workforce streamlining plan, as well as a lower gross profit margin.