Anxian Yuan (00922) Issues Profit Warning Due to Additional Tax Expenses

Bulletin Express
Nov 07

Anxian Yuan China Holdings Limited (“the Group”) has announced that it expects to record a loss for the period ended 30 September 2025, compared with a profit of approximately HK$18.2 million in the same period last year. This projected loss primarily results from additional revaluation of Value Added Tax (VAT) and PRC Income Tax, estimated at around HK$13.1 million and HK$2.5 million respectively, paid by the Group’s PRC subsidiaries following notification from tax authorities.

The additional expenses are expected to be recognized as a loss in the Group’s interim financial results for the period, subject to audit. The Group’s interim results for the period ended 30 September 2025 are scheduled for release by the end of November 2025. The announcement advises shareholders and potential investors to exercise caution when dealing in the company’s shares.

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