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智纺国际控股(08521)发盈警 预期一季度亏损约450万港元
Zhifang International Holdings (08521) is expected to lose about HK $4.5 million in the first quarter.

Zhitong Finance ·  {{timeTz}}


Zhitong Financial App News, Zhifang International Holdings (08521) announced that the Group expects to make a loss of about HK $4.5 million for the three months ended March 31, 2022, compared with a profit of about HK $900000 for the first quarter of 2021.


The Board believes that the change in financial performance is mainly due to a significant decrease of more than 50 per cent in earnings in the first quarter of 2022 compared with the first quarter of 2021 (first quarter of 2021: HK $14.3 million). As a result, gross profit in the first quarter of 2022 decreased significantly by more than 80 per cent compared with the first quarter of 2021 (first quarter of 2021: HK $4.7 million). The significant decline in earnings can be mainly attributed to a decrease in sales orders from a number of major customers in the first quarter of 2022.

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