YGM Trading Ltd. Issues Profit Warning, Anticipates HK$25 Million Loss for FY2025

Reuters
06/05
YGM Trading Ltd. Issues Profit Warning, Anticipates HK$25 Million Loss for FY2025

YGM Trading Ltd. has issued a profit warning, forecasting a consolidated loss attributable to shareholders of up to HK$25 million for the fiscal year ending March 31, 2025. This represents a significant increase compared to the HK$5.1 million loss recorded the previous year. The company attributes this anticipated loss to several factors, including declining spending by Chinese tourists in Hong Kong, ongoing economic weakness, low consumer sentiment in both Hong Kong and Mainland China, impairment losses on certain intangible assets, and increased fair value losses on specific investment properties. YGM Trading cautions shareholders and potential investors to exercise care when dealing in the company's shares, as these results are based on preliminary unaudited data and are subject to adjustments before finalization. The full audited results are expected to be released by the end of June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YGM Trading Ltd. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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