HANG YICK HLDGS (01894) Issues Profit Warning, Expects Interim Loss to Narrow to No Less Than HK$5.7 Million

Stock News
2025/11/21

HANG YICK HLDGS (01894) announced that the group anticipates a loss of no less than HK$5.7 million for the six months ending September 30, 2025, compared to a loss of approximately HK$10.7 million for the same period in 2024. Based on currently available information, the expected reduction in attributable loss is primarily due to (i) a net reversal of impairment losses on trade receivables and contract assets of around HK$3.9 million under the expected credit loss model, and (ii) effective control over administrative and operational costs.

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