HUNGFOOKTONG issued a profit warning, expecting the annual loss attributable to shareholders to decrease to approximately HKD 14 million, a year-on-year narrowing of about 60%
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HUNGFOOKTONG issued a profit warning, expecting the loss attributable to shareholders for the fiscal year 2024 to decrease to approximately HKD 14 million, a year-on-year narrowing of about 60%. Despite challenges in the Hong Kong retail market, the group has improved production processes and optimized the sales mix, resulting in an increase in gross profit margin and effective control of operating expenses. Advance payments increased by 9.1% to HKD 162.6 million, and the financial condition remains robust
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