A & S Group (Holdings) Limited (1737) announced that it expects to record a net loss attributable to the owners of the company ranging from approximately HK$11.0 million to HK$15.0 million for the six months ended 30 September 2025, compared with a net profit of about HK$70 thousand in the same period last year.

The company attributes the turnaround from profit to loss primarily to a decrease in overall cargo volume in air freight forwarding ground handling services, along with the inability to proportionally reduce labor costs given the need to maintain a stable workforce under an uncertain trading environment.

Relevant financial results remain unaudited and under review, with the company planning to release its interim results by the end of November 2025. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.