TSL Jewellery Projects Over 46% Reduction in Annual Loss for Year Ending March 2025

Reuters
06-18
TSL Jewellery Projects Over 46% Reduction in Annual Loss for Year Ending March 2025

Tse Sui Luen Jewellery (International) Ltd. has issued a profit alert indicating a significant reduction in losses for the fiscal year ending March 31, 2025. The company expects to record a loss attributable to owners of no more than HK$200 million, marking a reduction of over 46% compared to the previous year's loss of HK$374.2 million. This improvement is attributed to decreased selling, distribution, and administrative expenses due to a successful business transformation strategy, increased profit from franchise operations in Mainland China, and a reduction of at least HK$80 million in non-cash adjustments related to asset impairment and inventory provisions. The audited annual results are anticipated to be published by the end of June 2025. Shareholders and investors are advised to exercise caution in 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. TSL - Tse Sui Luen Jewellery (International) Ltd. published the original content used to generate this news brief on June 18, 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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