Sanbase Corporation Issues Profit Warning, Anticipates HK$4 Million Loss for Fiscal Year Ending March 2025
Reuters
Jun 06
Sanbase Corporation Issues Profit Warning, Anticipates HK$4 Million Loss for Fiscal Year Ending March 2025
Sanbase Corporation Limited has issued a profit warning, indicating that the Group is expected to record a loss attributable to owners of the Company of approximately HK$4.0 million for the year ended 31 March 2025. This represents a significant increase in losses compared to the HK$1.4 million loss recorded in the previous year. The announcement is based on preliminary assessments of unaudited consolidated management accounts and information available to the Board, which have not yet been reviewed by the audit committee or audited by the Company's auditors. The final annual results are anticipated to be published by late June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the Company's shares and to carefully review the forthcoming annual results announcement.
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