Asia Allied Infrastructure Holdings Ltd. Issues Profit Warning, Expects HK$275 Million Net Loss for Fiscal Year Ending March 2025

Reuters
2025/06/18
Asia Allied Infrastructure Holdings Ltd. Issues Profit Warning, Expects HK$275 Million Net Loss for Fiscal Year Ending March 2025

Asia Allied Infrastructure Holdings Ltd. has issued a profit warning, indicating that the company is expected to record a net loss of up to HK$275 million for the fiscal year ending 31 March 2025. This marks a significant reversal from the previous fiscal year, where the company posted a net profit of approximately HK$72 million. The anticipated loss is primarily attributed to a write-off of contract assets from certain projects due to uncertainties in their recovery, a move that aligns with Hong Kong Financial Reporting Standards. Additionally, the previous year's gains from the disposal of a leasehold land are not present in the current financial year. This announcement is based on preliminary unaudited financial information, with the final audited results expected to be published around 26 June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities.

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. Asia Allied Infrastructure Holdings Ltd. published the original content used to generate this news brief on June 18, 2025, and is solely responsible for the information contained therein.

應版權方要求,你需要登入查看該內容

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。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10