JANCO HOLDINGS (08035) Issues Profit Warning, Expects Interim Shareholders' Loss of Approximately HK$10-11 Million

Stock News

Aug 22

JANCO HOLDINGS (08035) announced that compared to the shareholders' loss of approximately HK$8 million for the six months ended June 30, 2024, the group expects to record shareholders' loss of between approximately HK$10 million to HK$11 million for the six months ending June 30, 2025.

The shareholders' loss for the six months ending June 30, 2025 is primarily attributed to: decreased gross profit from air and sea freight agency services; reduced gross profit and gross profit margin from logistics and warehousing services.

Despite the above circumstances, the group achieved increased gross profit from e-commerce fulfillment services; reduced administrative and selling expenses, mainly due to decreased legal and professional fees, as well as reduced salaries and allowances.

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