Profit warning issued by (06838.HK) when profitable. Expected loss of approximately HK$13-15 million in the first half of the year, turning from a profit to a loss year-on-year.

Wisdom Finance App News, Profit-making (06838.HK) announced that it is expected to incur a loss of approximately 13-15 million Hong Kong dollars in the first half of 2025, while the net profit for the same period in 2024 was 9.255 million Hong Kong dollars. The estimated loss for this period is mainly attributed to severance compensation of approximately 10 million Hong Kong dollars paid under a manpower reduction plan, and a decrease in overall gross profit margin due to intense market competition.