NPE Holdings (02326) issued a profit warning, expecting a mid-term loss of not more than HK$18 million, compared to a profit in the same period last year.

NPE HOLDINGS (02326) announced that it expects to incur unaudited losses of not more than HK$18 million for the six months ending on September 30, 2024, while it recorded unaudited profits of approximately HK$496,000 for the same period ending on September 30, 2023. The expected unaudited losses are mainly attributed to reduced income, decreased gross profit, and inventory write-offs.