eprint Group Ltd. Announces Expected 28.4% Reduction in Loss for Year Ended March 2025

Reuters
Jun 13
eprint Group Ltd. Announces Expected 28.4% Reduction in Loss for Year Ended March 2025

eprint Group Ltd. has issued a profit alert, indicating a reduction in the company's losses for the fiscal year ending March 31, 2025. Based on a preliminary review of the unaudited consolidated management accounts, the company's consolidated loss attributable to equity holders is expected to decrease by no more than 28.4% compared to the previous year, which recorded a loss of approximately HK$8.3 million. This anticipated decrease is attributed to an improvement in the gross profit margin and a shift from other net losses of approximately HK$6.2 million in the previous year to an expected net gain of approximately HK$0.4 million, primarily due to a gain on the disposal of property, plant, and equipment, as well as a fair value gain on financial assets. The company advises shareholders and potential investors to exercise caution when dealing with its shares, as the financial results are yet to be finalized and are subject to further adjustments upon audit and review.

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