SHUNTEN INTL (00932) Issues Profit Warning, Expects Interim Shareholder Loss to Widen to HK$8-13 Million

Stock News
2025/11/14

SHUNTEN INTL (00932) announced that the group anticipates an unaudited consolidated net loss attributable to shareholders of approximately HK$8 million to HK$13 million for the six months ending September 30, 2025. This compares to a consolidated net loss of about HK$4.3 million in the same period last year.

The board attributed the expected increase in losses primarily to the following factors: 1. Higher sales and distribution expenses due to intensified advertising and promotional campaigns for newly launched products, though these costs are projected to decrease in the second half of the fiscal year ending March 31, 2026. Increased commission expenses for sales personnel also contributed, driven by growth in retail store sales. 2. Rising cost of sales, stemming from the launch of new and upgraded products with higher raw material costs, as well as additional expenses related to packaging adjustments for certain products. 3. Increased rental costs for dedicated counters at prominent retail chain stores, which align with higher revenue from these counters as rental fees are calculated based on total sales. 4. A reduced fair value loss on investment properties during the period.

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