TAKBO GROUP (08436) issues profit warning, expecting a year-on-year decrease of approximately HK$3 million in mid-term attributable profit to shareholders.

TAKBO GROUP (08436) announces that for the six months ending on June 30, 2025, the Group's attributable profit is expected to decrease significantly to approximately 3 million Hong Kong dollars from about 5.2 million Hong Kong dollars in the same period of 2024. The main reason for the decrease in net profit is due to the impact of the import tariffs imposed by the United States on Chinese-made products several years ago, leading to a decline in sales in the U.S. market. Some U.S. customers are transitioning their purchases from the company to non-Chinese suppliers, which will take some time. The additional tariffs imposed by the United States earlier this year have further complicated the situation.