SHEEN TAI (01335) issued a profit warning, anticipating an increase in the annual post-tax net loss.

Sheen Tai (01335) announced that it expects the Group to incur a loss from continuing operations of not more than approximately HK$75 million for the financial year ending on December 31, 2025 (reporting period), while in the same period of 2024, the loss from continuing operations was approximately HK$30 million. The announcement stated that the Group believes that the increase in the post-tax loss during the reporting period is mainly due to fair value loss on convertible loans receivable and impairment loss on trade receivables and other receivables, the final amount of which will need to be professionally assessed by an independent valuer.