Come Sure Group Announces Expected Reduction in Net Loss by Over 40% for Fiscal Year Ending March 2025
Reuters
Jun 19
Come Sure Group Announces Expected Reduction in Net Loss by Over 40% for Fiscal Year Ending March 2025
Come Sure Group (Holdings) Limited has issued a positive profit alert, indicating that the company's net loss before taxation for the year ended 31 March 2025 is expected to decrease by no less than 40% compared to the approximately HK$14.65 million loss recorded for the previous year. This improvement is attributed to enhanced production efficiency at their Dongguan factories, reduced delivery expenses, and a 20% decrease in finance costs due to lower bank borrowings. The company is currently finalizing the audit of its financial results for the year, which will be detailed in the annual results announcement expected by the end of June 2025. The information provided is based on preliminary assessments and unaudited management accounts, and thus, subject to final adjustments and confirmation. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities.
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