STARLITE HOLD(00403) issued a profit warning, expecting annual shareholders' net loss not to exceed 107 million Hong Kong dollars, an increase year-on-year.

STARLITE HOLD (00403) announced that the expected attributable loss to the owners of the company for the year ending on March 31, 2026 will not exceed HK$107 million, while the attributable loss for the year ending on March 31, 2025 is approximately HK$27 million. The Board of Directors believes that the above losses are mainly due to: intense market competition and uncertain factors related to the imposition of tariffs by the US government on US trade during the current year, which led to a significant decrease in the Group's income from packaging customers and US customers; impairment losses totaling approximately HK$29 million on property, plant, equipment, and rights of use assets; Green Group's income increased this year but losses compared to the same period last year increased, due to higher development costs for new products and increased promotion costs for Wuxi Online Offline Communication Information Technology Co., Ltd.; The Group has completed the relocation of several production lines to Malaysia, but production capacity has not fully recovered; Exchange rate fluctuations resulted in a reversal from exchange gains to exchange losses under other income and loss items.