CHAMPION TECH (00092) Issues Profit Warning, Expects Annual Loss Attributable to Shareholders of Approximately HK$81 Million to HK$87 Million

CHAMPION TECH (00092) announced that the Group expects to record a loss attributable to owners of the Company of approximately HK$81 million to approximately HK$87 million for the year ended 30 June 2026 (subject to review and audit by the Company's independent external auditor), compared to a loss attributable to owners of the Company of approximately HK$44 million for the year ended 30 June 2025. The expected further increase in loss attributable to owners of the Company is mainly attributable to an increase in expected credit losses of approximately HK$7 million upon completion of the assessment and an impairment of accounts receivable of approximately HK$22 million.