Yibangxing Holdings (00599) issues a profit warning, expecting a loss of HK$2.9 million in the mid-term report, a year-on-year change from profit to loss.

date
10/11/2025
Wisdom Financial News App News, Yibang(00599) announced that the Group is expected to report a loss of HK$2.9 million for the six months ending September 30, 2025, compared to a pre-tax profit of HK$12.1 million in the same period last year. The pre-tax profit for this period will decrease by approximately HK$15 million. The decline in revenue is attributed to unfavorable macroeconomic conditions, geopolitical tensions, and headwinds in specific industries, which have weakened market confidence, resulting in reduced demand, delayed project sales, and increased pricing pressure, ultimately leading to a 29.6% decrease in revenue.