Swift Global Holding (00540.HK) issued a profit warning, expecting a mid-term net profit decrease of not less than 50% year-on-year.
Wisdom Financial News APP News, Swift Global Holdings (00540.HK) announced that the group is expected to record a decrease of not less than 50% in net profit for the six months ending June 30, 2025 compared to the same period in 2024, which was 5.3 million Hong Kong dollars. This change is mainly due to: (i) a decrease in income during the reporting period by not less than 120 million Hong Kong dollars compared to the same period in 2024; and (ii) a decrease in gross profit by not less than 12 million Hong Kong dollars during the reporting period compared to the same period in 2024, due to a decrease in sales orders from major customers.
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