PPS INT'L issued a profit warning, expecting a net loss attributable to shareholders of HKD 3 million to HKD 4 million for the mid-term of 2025

Zhitong
2025.02.13 15:05
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PPS INT'L issued a profit warning, expecting a net loss attributable to shareholders of HKD 3 million to 4 million for the mid-2025 period, a significant decline from the net profit of approximately HKD 4.8 million for the same period in 2023. The loss is mainly due to the reversal of unrecognized impairment provisions for receivable loans and an increase in losses from the revaluation of owned properties