Ying Hai Group issues profit warning; FY2025 loss projected to widen to up to HK$14.00 million

Bulletin Express

03/23

Ying Hai Group Holdings Company Limited released a profit warning stating that unaudited figures indicate a loss attributable to owners of up to HK$14.00 million for the year ended 31 December 2025 (FY2025), compared with a HK$9.50 million loss in FY2024.

The board attributes the larger deficit mainly to a contraction in gross profit margin and an impairment loss on trade receivables recognised under the expected credit loss model.

Management emphasised that the FY2025 numbers are preliminary, unaudited and subject to possible adjustments. The audited annual results are scheduled for publication on or around 27 March 2026.

Shareholders and potential investors have been advised to exercise caution when trading the company’s shares. The announcement was authorised by Chairman and CEO Choi Wai Chan on 23 March 2026.

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