Bright Holdings (08152) issued a profit warning, expecting a pre-tax loss of approximately HK$3.2 million in the first half of the year.

date
08/08/2025
avatar
GMT Eight
Mingliang Holdings (08152) announced that the group is expected to have... as of June 30, 2025.
Ming Liang Holdings (08152) announced that the group is estimated to incur a pre-tax loss of approximately HK$3.2 million for the six-month period ending on June 30, 2025, compared to a pre-tax loss of HK$8.5 million for the same period in 2024. The board of directors believes that the expected loss for this period is mainly due to a decrease in revenue of approximately HK$10.5 million or 35.0%, attributed to (i) the completion of major overseas projects in the previous year resulting in minimal revenue contribution for this period, as new projects are still in the early stages with limited production preparation work during this period; and (ii) delays in the production progress of some existing projects during this period. Meanwhile, the loss for this period compared to the previous period has decreased due to a gain of HK$3.4 million in foreign exchange, compared to a loss of HK$1.9 million in the previous period.