Frontier Services Group forecasts 2025 net loss of at least HK$190 million

Reuters
Mar 03
Frontier Services Group forecasts 2025 net loss of at least HK$190 million

Frontier Services Group Limited expects to record a net loss of at least HK$190 million for the year ended 31 December 2025, widening from a HK$100 million loss in 2024. The larger loss is mainly attributed to an approximately 12% decline in revenue, a possible impairment of about HK$81 million on goodwill and other intangibles, potential provisions of around HK$50 million for unrecoverable receivables and other assets, and a further provision of about HK$15 million related to a compensation claim.

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