The Yi Group (08161.HK) issued a profit warning, expecting the annual pre-tax loss not to exceed 3.3 million Hong Kong dollars.
The Intelligent Financial News App reported that MedIn Global Limited (08161.HK) announced that the group is expected to incur a pre-tax loss of no more than HK$3.3 million for the year ended March 31, 2026, while a pre-tax loss of approximately HK$4.7 million was recorded for the year ended March 31, 2025. This is calculated after excluding a one-time gain of approximately HK$12.8 million from the sale of its subsidiary, Hang Quan Limited, during the previous reporting period. The reduction in loss is mainly due to (i) the completion of the sale of the loss-making subsidiary, Hang Quan Limited, in February 2025, leading to a decrease in the group's operating losses for the reporting period; and (ii) effective cost control measures implemented during the reporting period.
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