JANCO HOLDINGS (08035) issues profit warning, expecting a net loss attributable to shareholders of approximately HK$25 million to HK$30 million for the year 2025.
Jun Gao Holdings (08035) announced that the group is expected to incur a loss attributable to owners of the company of approximately HK$18.4 million for the year ended December 31, 2024, compared to an expected loss of between HK$25 million and HK$30 million for the year ended December 31, 2025.
JANCO HOLDINGS (08035) announced that compared to a loss of approximately 18.4 million Hong Kong dollars attributable to the owners of the company for the year ended December 31, 2024, the group expects a loss of between approximately 25 million and 30 million Hong Kong dollars attributable to the owners of the company for the year ending December 31, 2025.
The loss attributable to the owners of the company for the year ending December 31, 2025 is mainly due to (i) a significant decrease in gross profit; and (ii) writing off of trade receivables.
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