Ka Yee Holdings (01025) issues profit warning, expecting a mid-term loss of around HK$9.5 million.

Jiayi Holdings (01025) announced that the group is expected to incur a loss of approximately HK$9.5 million for the six months ending on September 30, 2024, compared to a loss of approximately HK$14.7 million for the six months ending on September 30, 2023. The expected decrease in loss is mainly attributed to the following factors: (i) a decrease in administrative expenses for the six months ending on September 30, 2024 compared to the same period in 2023; (ii) an increase in gross profit; and (iii) a decrease in the loss from equity-accounted investees.