Sunray Engineering Group Ltd. Issues Profit Warning, Expects Net Loss of Up to HK$13.5 Million for FY2025

Reuters

Jun 24

Sunray Engineering Group Ltd. Issues Profit Warning, Expects Net Loss of Up to HK$13.5 Million for FY2025

Sunray Engineering Group Ltd. has issued a profit warning, indicating that the company anticipates a net loss of no more than HK$13.5 million for the fiscal year ending 31 March 2025. This represents a significant increase in losses compared to the previous year's loss of approximately HK$0.8 million. The primary reasons for the expected loss are attributed to provisions for impairment on trade receivables and contract assets, including retention. The company advises shareholders and potential investors to exercise caution when dealing in the company's securities. The detailed annual results announcement is expected to be released on 27 June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunray Engineering Group Ltd. published the original content used to generate this news brief on June 24, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Issues Profit Warning, Expects Net Loss of Up to HK$13.5 Million for FY2025","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Sunray Engineering Group Ltd. Issues Profit Warning, Expects Net Loss of Up to HK$13.5 Million for FY2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Sunray Engineering Group Ltd. has issued a profit warning, indicating that the company anticipates a net loss of no more than HK$13.5 million for the fiscal year ending 31 March 2025. This represents a significant increase in losses compared to the previous year's loss of approximately HK$0.8 million. The primary reasons for the expected loss are attributed to provisions for impairment on trade receivables and contract assets, including retention. 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Issues Profit Warning, Expects Net Loss of Up to HK$13.5 Million for FY2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-24 18:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Sunray Engineering Group Ltd. Issues Profit Warning, Expects Net Loss of Up to HK$13.5 Million for FY2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Sunray Engineering Group Ltd. has issued a profit warning, indicating that the company anticipates a net loss of no more than HK$13.5 million for the fiscal year ending 31 March 2025. This represents a significant increase in losses compared to the previous year's loss of approximately HK$0.8 million. The primary reasons for the expected loss are attributed to provisions for impairment on trade receivables and contract assets, including retention. The company advises shareholders and potential investors to exercise caution when dealing in the company's securities. 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This represents a significant increase in losses compared to the previous year's loss of approximately HK$0.8 million. The primary reasons for the expected loss are attributed to provisions for impairment on trade receivables and contract assets, including retention. The company advises shareholders and potential investors to exercise caution when dealing in the company's securities. The detailed annual results announcement is expected to be released on 27 June 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sunray Engineering Group Ltd. published th","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"08616":"新威工程集团","BK1148":"建筑与工程"},"translate_title":"Sunray Engineering Group Ltd.发布盈利警告，预计2025财年净亏损高达1350万港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08616":0.9},"content_text":"Sunray Engineering Group Ltd. Issues Profit Warning, Expects Net Loss of Up to HK$13.5 Million for FY2025\n    \n\n        Sunray Engineering Group Ltd. has issued a profit warning, indicating that the company anticipates a net loss of no more than HK$13.5 million for the fiscal year ending 31 March 2025. This represents a significant increase in losses compared to the previous year's loss of approximately HK$0.8 million. The primary reasons for the expected loss are attributed to provisions for impairment on trade receivables and contract assets, including retention. 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