Winfair Investment Company Limited has issued a profit warning, informing shareholders and potential investors that the Group is projected to incur a loss ranging from HK$71 million to HK$77 million for the fiscal year ending 31 March 2025. This anticipated loss marks an increase of HK$21 million to HK$27 million, or 42% to 54%, compared to the approximately HK$50 million loss recorded the previous year. The primary reason for the increased loss is attributed to a 123% rise in the fair value loss of investment properties compared to last year. The company is in the process of finalizing its annual results, and the disclosed information is based on preliminary management reviews, which have not yet been confirmed by the audit committee or independent auditors. Detailed financial results are expected to be announced by the end of June 2025. Shareholders and investors are advised to exercise caution when dealing with the company's shares.
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