HING LEE (HK)(00396) issues profit warning, expecting a net loss of approximately HKD 1.6 million for the interim period, turning from profit to loss compared to the same period last year.
Sing Lee (Hong Kong) Holdings (00396) announced that, compared to a profit of approximately HKD 2.6 million recorded in the same period of 2025, the Group expects to report a net loss of approximately HKD 1.6 million for the six months ending June 30, 2026. The anticipated loss is primarily due to a decline in the Group's product sales and the absence of a reversal of credit impairment on trade receivables (for the six months ending June 30, 2025: HKD 2.6 million).
HING LEE (HK)(00396) announced that, compared to a profit of approximately HKD 2.6 million recorded for the same period in 2025, the Group expects to report a net loss of approximately HKD 1.6 million for the six months ending June 30, 2026. This anticipated loss is primarily due to a decline in the Group's product sales and the lack of reversal of credit impairment on trade receivables (HKD 2.6 million for the six months ending June 30, 2025).
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