Powerwin Tech Group (HKG:2405) expects an attributable loss of between $3.5 million and $4 million in the first half of 2025, compared with an attributable profit of $400,000 a year prior, a Wednesday filing with the Hong Kong bourse said.

The digital marketing services provider attributed the forecast to a decline in revenue, an increase in bad debt provisions for prudence's sake, and the absence of improvement in financial costs for standardized digital marketing services.