Starlite Holdings Limited Issues Profit Warning, Expects HK$28 Million Loss for Fiscal Year Ending March 2025

Reuters
2025/06/17
Starlite Holdings Limited Issues Profit Warning, Expects HK$28 Million Loss for Fiscal Year Ending March 2025

Starlite Holdings Limited has issued a profit warning, indicating that the company is expected to record a loss of no more than HK$28 million for the financial year ended 31st March 2025. This contrasts with a profit of approximately HK$17 million in the previous year. The anticipated loss is attributed to a decrease in orders from the United States, primarily due to tariffs imposed by the US government, which outweighed the benefits of tightened cost control measures. Additionally, the Team Green division has reported increased losses due to heightened promotional costs and the expansion of its sales network. A provision for impairment loss on an investment property also contributed to the forecasted financial downturn. The company's annual results are yet to be finalized, with the official announcement expected by the end of June 2025. Investors and shareholders are advised to exercise caution when dealing with the company's shares.

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. Starlite Holdings Limited published the original content used to generate this news brief on June 17, 2025, and is solely responsible for the information contained therein.

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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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