IDT INT'L (00167) Issues Profit Warning, Anticipates Fiscal 2025 Profit to Drop to HK$62-76 Million

Stock News

03/25

IDT INT'L (00167) announced that the group expects to record a profit of approximately HK$62 million to HK$76 million for the 2025 fiscal year, compared to a profit of about HK$114.6 million for the 2024 fiscal year. The board of directors attributes the decrease in profit for the 2025 fiscal year primarily to a decline in overall revenue and gross profit, mainly resulting from reduced product sales in the People's Republic of China region.

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