SMC ELECTRIC Issues Profit Warning, Anticipates FY2025 Net Profit of HK$8-12 Million

Stock News
Mar 02

SMC ELECTRIC (02381) has announced that the group expects a decrease in profit attributable to the company's owners for the fiscal year ending December 31, 2025. The projected profit attributable to owners is estimated to be in the range of HK$8 million to HK$12 million, compared to a profit of approximately HK$26.36 million for the year ended December 31, 2024. The decline in profit is primarily attributed to a reduction in sales revenue and gross profit.

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