Yufengchang Holdings Ltd. Issues Profit Warning, Expects Significant Increase in Net Loss for Fiscal Year Ending March 2025

Reuters
24 Jun
Yufengchang Holdings Ltd. Issues Profit Warning, Expects Significant Increase in Net Loss for Fiscal Year Ending March 2025

Yufengchang Holdings Ltd., a company incorporated in the Cayman Islands, has issued a profit warning regarding its financial outlook. The company has announced that it anticipates recording a net loss of not less than HK$38.0 million for the fiscal year ending 31 March 2025. This represents a significant increase in losses compared to the net loss of approximately HK$10.7 million recorded in the previous year. The announcement follows a preliminary review of the unaudited consolidated management accounts of the company and its subsidiaries. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares, with further details expected in the annual results set to be published on 26 June 2025.

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