Dynasty Wines (00828) announced that the group expects to achieve unaudited consolidated profit in the range of approximately HK$7.4 million to HK$9.3 million for the first half of 2025, representing a year-on-year decrease of approximately 50% to 60%.
The board of directors believes that the decline in profit is mainly attributable to the group's performance during the period ended June 30, 2025: (i) affected by fluctuations in China's macroeconomic environment and consumer market, sales revenue declined moderately, leading to reduced operating profit; and (ii) increased marketing and promotional expenses.
The group has been closely monitoring market conditions and adjusting its business strategies to reduce negative impacts on operations. The group has also strengthened cost control measures and taken appropriate actions in a timely manner.