WEBX INTL HLDGS Warns of Interim Loss Reduction, Expects Pre-Tax Deficit of Up to HK$3 Million
Stock News
Aug 14
WEBX INTL HLDGS (08521) has issued a profit warning, announcing that the group's pre-tax loss for the six months ending June 30, 2026, is expected to narrow significantly to between approximately HK$1 million and HK$3 million, compared to a pre-tax loss of about HK$7.9 million in the same period of the prior year.
The reduction in losses is primarily attributed to an overall increase in gross profit, driven mainly by higher sales volumes from the group's functional knitted fabrics, garments, and yarn segments. This improvement was partially offset by a rise in administrative and other expenses during the period.
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