Shunten International Holdings Ltd. has issued a profit warning, indicating an expected unaudited consolidated loss of between approximately HK$33.0 million and HK$39.0 million for the year ended 31 March 2025. This marks a significant downturn compared to a consolidated profit of approximately HK$0.6 million reported for the previous year. The company attributes this anticipated loss to declining revenue and gross profit, primarily driven by weak retail market conditions and consumer sentiment in Hong Kong and Macau, as well as a decrease in the fair value of investment properties. Despite these challenges, Shunten International emphasizes maintaining sustainable business operations with sufficient liquidity and is focused on expanding business channels, enhancing brand image, optimizing cost structures, and strengthening competitive advantages to improve long-term business performance. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. The detailed annual results announcement is expected to be published on 26 June 2025.
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