Leoch International Flags Swing to Loss For 2025; Shares Down 6%

MT Newswires Live

03/25

Leoch International Technology (HKG:0842) said it expects up to 300 million yuan in attributable loss for 2025, compared with earnings of 566.4 million yuan in profit for 2024, according to a Hong Kong bourse filing Wednesday.

The firm attributed the loss to a number of factors, including changes in its order and structure and increase in export costs in light of the U.S. government's tariffs.

The company's financial results are due by March 31.

Shares of the company fell over 6% in early-morning trade on Wednesday.

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