MING FAI INT'L (03828) issues profit warning, expected annual attributable profit to shareholders not less than 100 million Hong Kong dollars, a decrease compared to the previous year.
Minghui International (03828) announces that the Group expects to record a profit attributable to owners of the company of not less than 100 million Hong Kong dollars for the year ending December 31, 2025 (for the year ending December 31, 2024: approximately 143 million Hong Kong dollars).
MING FAI INT'L (03828) announces that the Group expects to record a profit attributable to owners of the company of not less than HK$100 million for the year ending December 31, 2025 (for the year ending December 31, 2024: approximately HK$143 million).
The decrease in profit attributable to owners of the company for the year ending December 31, 2025 is mainly due to increased manufacturing cost pressure leading to a decrease in gross profit margin, fluctuations in the external environment, and intense industry competition.
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