Styland Holdings Limited Issues Profit Warning: Anticipates HK$58.3 Million Loss for FY2025
Reuters
Jun 20
Styland Holdings Limited Issues Profit Warning: Anticipates HK$58.3 Million Loss for FY2025
Styland Holdings Limited has issued a profit warning indicating that the company expects to record a net loss of approximately HK$58.3 million for the fiscal year ending March 31, 2025. This represents an improvement compared to the net loss of approximately HK$76.8 million reported for the previous fiscal year. The reduction in net loss is primarily attributed to a subscription fee income of approximately HK$33.8 million and a management fee income of approximately HK$6.8 million recorded in FY2025. However, these gains are offset by an increase in fair value loss on investment properties and expected credit losses, as well as a fine of approximately HK$3.0 million. The company's financial results are subject to finalisation and have not yet been audited or reviewed by the company's auditor. Styland Holdings advises shareholders and potential investors to exercise caution when dealing in the company's securities, with the detailed results announcement expected to be published on June 27, 2025.
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