MEGAIN Holding (Cayman) (HKG:6939) expects an attributable loss of at least 60 million yuan for the year 2025, compared with an attributable profit of 9.7 million yuan a year prior, according to a Tuesday Hong Kong bourse filing.

The cartridge chips company attributed the forecast to a lower gross profit margin of the compatible printer cartridge chips business; higher selling, distribution, and administrative expenses; and a rise in impairment losses of certain assets.