LIFE CONCEPTS (08056) issues profit warning, expecting a net loss of approximately HK$5 million for the mid-year.
The concept of life (08056) is announced, and the group expects the net loss for the six months ending September 30, 2025 to be approximately...
LIFE CONCEPTS (08056) announced that the Group is expected to incur a net loss of approximately HK$5 million for the six months ending on September 30, 2025, compared to a net loss of approximately HK$2.5 million in the same period last year. The Board believes that the increase in loss is mainly due to the increase in implicit interest on interest-free loans from former directors, a director, and related parties. The implicit interest has no cash impact on the Group.
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