Chevalier International Holdings Issues Profit Warning, Expects HK$400-500 Million Loss for Fiscal Year Ending March 2025

Reuters
Jun 11
Chevalier International Holdings Issues Profit Warning, Expects HK$400-500 Million Loss for Fiscal Year Ending March 2025

Chevalier International Holdings Limited has issued a profit warning, advising shareholders and potential investors of an expected loss after tax attributable to shareholders, ranging from approximately HK$400 million to HK$500 million for the fiscal year ending 31 March 2025. This forecasted loss compares to a loss of about HK$370 million recorded in the previous year. The announcement, made in accordance with the Hong Kong Stock Exchange's Listing Rules and the Inside Information Provisions, emphasizes that these losses are accounting losses without immediate cash flow impact. Despite the anticipated financial loss, the company's financial position is stated to remain healthy. The final results for the fiscal year are still being prepared, and the current figures are based on unaudited management accounts. Further detailed financial information will be disclosed in the forthcoming final results announcement and annual report. Shareholders and investors are advised to exercise caution when trading shares of the company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chevalier International Holdings Limited published the original content used to generate this news brief on June 11, 2025, and is solely responsible for the information contained therein.

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