Sanbase Corporation Issues Profit Warning, Anticipates HK$4 Million Loss for Fiscal Year Ending March 2025

Reuters
06/06
Sanbase Corporation Issues Profit Warning, Anticipates HK$4 Million Loss for Fiscal Year Ending March 2025

Sanbase Corporation Limited has issued a profit warning, indicating that the Group is expected to record a loss attributable to owners of the Company of approximately HK$4.0 million for the year ended 31 March 2025. This represents a significant increase in losses compared to the HK$1.4 million loss recorded in the previous year. The announcement is based on preliminary assessments of unaudited consolidated management accounts and information available to the Board, which have not yet been reviewed by the audit committee or audited by the Company's auditors. The final annual results are anticipated to be published by late June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the Company's shares and to carefully review the forthcoming annual results announcement.

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. Sanbase Corporation Ltd. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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