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煜荣集团(01536)发盈警 预计年度净亏损同比扩大至不少于2250万港元

yuk wing gp (01536) issued a profit warning, expecting the annual net loss to expand by at least HKD 22.5 million.

Zhitong Finance ·  Jun 14 20:03

Yuk Wing Group (01536) announced that it is expected to incur a comprehensive net loss of not less than HKD 22.5 million for the fiscal year ending March 31, 2024, while the comprehensive net loss for the fiscal year ending March 31, 2023 was about HKD 3.6 million.

The increase in net loss is primarily due to a decrease in revenue, gross profit, and gross margin of the Manufacturing and Trading Down-the-Hole Tools segment, as well as a decrease in gross margin of the Trading Rock Drilling Equipment segment compared to the fiscal year ending March 31, 2023, in addition to an increase in fair value loss of financial assets recognized through profit or loss.

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