HYFUSIN GROUP (08512) issues profit warning, expecting annual profit attributable to shareholders to decrease to approximately HKD 99 million to HKD 103 million, a year-on-year decrease.
Kingsoft Corporation (08512) announced that it is expected to record a net profit attributable to owners of the company ranging from approximately 99 million Hong Kong dollars to 103 million Hong Kong dollars for the year 2025, compared to about 171 million Hong Kong dollars for the year ended December 31, 2024.
HYFUSIN GROUP (08512) announced that the Group expects to record a profit attributable to owners of the company ranging from approximately 99 million Hong Kong dollars to 103 million Hong Kong dollars for the year 2025, compared to approximately 171 million Hong Kong dollars for the year ended December 31, 2024.
The Board of Directors believes that the expected decrease in profit attributable to owners of the company is mainly due to a decrease in product sales prices, an increase in manufacturing costs leading to a decrease in gross profit margin, and the absence of a reversal of provision for claims of approximately 29.7 million Hong Kong dollars recorded in the year ended December 31, 2024.
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