Yu Cheng Logistics (08489.HK) issues profit warning, expecting a mid-term net loss of approximately 30 million to 40 million Hong Kong dollars.

Financial APP News: Yucheng Logistics (08489.HK) announced that the group expects to generate revenue of approximately HK$325 million to HK$335 million for the six months ending June 30, 2025, compared to revenue of approximately HK$426.6 million in the first half of 2024. The group also expects to incur a gross loss of approximately HK$10 million to HK$15 million in the first half of 2025, compared to a gross profit of approximately HK$10.5 million in the first half of 2024. Additionally, a net loss of approximately HK$30 million to HK$40 million is expected in the first half of 2025, compared to a net loss of approximately HK$11.1 million in the first half of 2024.