ESUN HOLDINGS (00571) issues profit warning, expecting the mid-term comprehensive loss attributable to equity shareholders to decrease by no less than 50% year-on-year.

ESUN Holdings (00571) issues an announcement that it is expected that the company's comprehensive loss attributable to owners for the period ending January 31, 2025, will decrease by not less than 50% compared to the comprehensive loss for the period ending January 31, 2024, of approximately HK$106 million. This is mainly due to a reduction in depreciation of right-of-use assets and property, plant, and equipment (as a result of impairment provision for these assets in the previous financial year).