HOPE LIFE INT (01683) issues profit warning, expecting the net loss for 2025 to narrow by no less than HK$6.2 million compared to the previous year.
Kuangyi International (01683) announced that compared to the net loss of HKD 30.6 million for the year ended December 31, 2024, the Group expects a net loss of not less than HKD 6.2 million for the year ending December 31, 2025 (2025 fiscal year).
HOPE LIFE INT (01683) announced that for the financial year ending December 31, 2024, the net loss was HK$30.6 million. The Group expects a net loss of not less than HK$6.2 million for the financial year ending December 31, 2025 (2025 fiscal year).
Based on the information currently available to the company, the Board believes that the expected decrease in net loss for the Group is mainly due to a reduction in financing costs for other borrowings and impairment loss allowances under the expected credit loss model.
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