CHERISH SUN (01094) Issues Profit Warning, Expects Interim Net Loss of HKD 30-35 Million
Stock News
Nov 25, 2025
CHERISH SUN (01094) announced that the Group anticipates recording a net loss attributable to shareholders of approximately HKD 30 million to HKD 35 million for the six months ending September 30, 2025. This compares to a net profit of about HKD 2.3 million in the corresponding period last year.
The primary reason for the loss is the reversal of a HKD 3.7 million fair value gain on investment properties in the prior period to a fair value loss of around HKD 21.3 million in the current period, which is non-cash in nature.
The Group is taking all necessary measures to safeguard its interests, and management believes these results will not materially impact its future normal operations.
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