MOST KWAI CHUNG (01716) Issues Profit Warning, Expects Interim Net Profit Attributable to Shareholders Not Exceeding HK$1 Million
Stock News
Nov 11
MOST KWAI CHUNG (01716) announced that the group expects to record a consolidated net profit attributable to shareholders of no more than HK$1 million for the six months ending September 30, 2025, compared to approximately HK$4.2 million for the same period in 2024.
The expected decline in net profit attributable to shareholders is primarily due to:
(i) The group did not generate revenue from performance events during the current period, whereas such activities were held in the corresponding period last year; and
(ii) The absence of similar gains from the phased acquisition of a 31% equity interest in To Be Honest Limited, which contributed to fair value gains in the prior period.
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