Flydoo Technology Holding Ltd. Issues Profit Alert: Reduction in Loss Expected for Year Ending March 2025

Reuters
23 Jun
Flydoo Technology Holding Ltd. Issues Profit Alert: Reduction in Loss Expected for Year Ending March 2025

Flydoo Technology Holding Ltd. has issued a profit alert indicating a reduction in loss for the financial year ended 31 March 2025. The company attributes this improvement primarily to a decrease in staff costs and directors' emoluments, as well as the absence of a one-off loss from the disposal of subsidiaries that impacted the previous year. However, these positive factors were partially offset by a decrease in gross profit for the same period. The financial results, based on the unaudited consolidated management accounts, are still being finalized and are expected to be published before the end of June 2025. Flydoo Technology advises shareholders and potential investors to exercise caution when dealing in its shares, as the information provided is preliminary and has not yet been audited or reviewed by the company's auditor or Audit Committee.

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