Pacific Millennium Packaging Group Corporation has issued a profit warning, indicating that the Group expects to record a net loss not exceeding RMB25.0 million for the six months ending 30 June 2025. This follows a net loss of approximately HK$15.3 million for the same period in the previous year. The increase in loss is attributed to a drop in product unit prices and rising operating costs due to new production plants in Huzhou and Wuhan. The Board of Directors believes this will not significantly impact the Group's overall operations and cash flows. The interim results announcement is anticipated by the end of August 2025, and shareholders and investors are advised to exercise caution.
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