China In-Tech Limited Issues Profit Warning, Projects Loss Up to HK$49.8 Million for Financial Year Ending March 2025

Reuters
26 Jun
China In-Tech Limited Issues Profit Warning, Projects Loss Up to HK$49.8 Million for Financial Year Ending March 2025

China In-Tech Limited has issued a profit warning, indicating that the company expects to report a significant increase in losses for the financial year ended 31 March 2025. Preliminary assessments based on unaudited consolidated management accounts suggest that the Group will record a loss of up to HK$49.8 million, compared to a loss of approximately HK$15.5 million in the previous year. This anticipated increase in losses is primarily attributed to a decrease in revenue. The company is currently finalizing its financial results for the year, with audited results expected to be published by 30 June 2025. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

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