SiS Mobile Holdings Ltd. Issues Profit Warning, Expects HK$3.5 Million Net Loss for First Half of 2025
Reuters
Jul 30
SiS Mobile Holdings Ltd. Issues Profit Warning, Expects HK$3.5 Million Net Loss for First Half of 2025
SiS Mobile Holdings Ltd. has issued a profit warning, indicating that the company expects to report a net loss of approximately HK$3,500,000 for the six-month period ending June 30, 2025. This anticipated loss stands in stark contrast to the net profit of HK$4,140,000 recorded during the same period in the previous year. The downturn is attributed to a decline in the gross profit margin, reflecting weak consumer market conditions in Hong Kong during the review period. The announcement is based on a preliminary assessment of unaudited consolidated management accounts, which have not been reviewed by the company's Audit Committee. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares. The reviewed results are expected to be announced within August 2025.
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