LAPCO Holdings (08472) issues profit warning, expecting a comprehensive net loss of approximately HK$8.4 million to HK$9.3 million for 2025, a reversal from profit to loss year-on-year.
Li Kaok Holdings (08472) announced that compared to the comprehensive net profit of approximately HK$3.4 million for the year ended December 31, 2024 (comparative period), the Group expects to incur a comprehensive net loss of between approximately HK$8.4 million and HK$9.3 million for the current period ending on December 31, 2025.
LAPCO HOLDINGS (08472) announced that compared to the comprehensive net profit of approximately 3.4 million Hong Kong dollars for the year ending December 31, 2024 (the comparative period), the Group is expected to incur a comprehensive net loss ranging from approximately 8.4 million Hong Kong dollars to 9.3 million Hong Kong dollars for the current period (ending December 31, 2025).
The Board of Directors believes that the Group's change from a comprehensive net profit in the comparative period to a comprehensive net loss in the current period is mainly due to the sale of a subsidiary in 2024, which resulted in a reduction in the Group's business scale for the current period.
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