FUJIKON IND(00927) issued a profit warning, expecting a mid-term loss of HK$2-8 million for shareholders, compared to a profit in the same period last year.

FUJIKON IND(00927) announced that compared to a profit of approximately HK$16.5 million for the six months ended September 30, 2024, attributable to the equity holders of the company, the group expects to incur a loss of between HK$2 million and HK$8 million for the mid-2025 period. The announcement stated that the change from profit to loss is mainly due to the global economic downturn and the United States government imposing multiple rounds of tariffs on goods from China since the beginning of the mid-2025 period. This has caused customers to adopt a cautious approach when placing orders, resulting in a decline in revenue for the group's headphone and audio earphone division as well as the accessories and parts division.