MEDINET GROUP issues a profit warning, expecting an annual pre-tax profit of no more than HKD 8.1 million
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MEDINET GROUP expects its annual profit before tax for the year ending March 31, 2025, to not exceed HKD 8.1 million, an improvement compared to a pre-tax loss of HKD 8 million for the same period in 2024. The improvement is attributed to the sale of subsidiary companies generating approximately HKD 12.8 million in revenue and effective cost control measures, with costs for medical and dental supplies reduced by approximately HKD 3.5 million
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