Winox Holdings Ltd. announced that it recorded a loss of approximately HK$54 million for the 11 months ended 30 November 2025, compared to a loss of HK$20.3 million for the full year of 2024. The significant increase in losses was mainly attributed to a decrease in revenue of about 20% year-on-year due to sluggish demand, a decline in gross profit margin resulting from severe market competition, and approximately HK$12 million in termination compensation related to a workforce streamlining plan. The company is in the process of preparing its consolidated management accounts for the year ended 31 December 2025, with final results expected to be published before the end of March 2026.
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. Winox Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260108-11984740), on January 08, 2026, and is solely responsible for the information contained therein.