Four Seas Mercantile Holdings Limited has issued a profit warning, indicating a significant decrease in expected profits for the financial year ending 31 March 2025. The company anticipates a consolidated profit attributable to shareholders to range between HK$8 million and HK$13 million. This marks a substantial decline from the previous year's profit of approximately HK$35 million. The announcement is based on a preliminary review of the company's financial information and has not yet been audited. Shareholders and potential investors are urged to exercise caution when dealing with the company's securities, with the full financial results expected to be published in late 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. Four Seas Mercantile Holdings Limited published the original content used to generate this news brief on June 20, 2025, and is solely responsible for the information contained therein.