--- title: "\"Profit Warning\" VEEKO INT'L estimates full-year loss to expand to at least 120 million yuan" description: "VEEKO INT'L issued a profit warning, expecting a loss of between HKD 120 million and HKD 126 million for the fiscal year ending in March, compared to a profit of HKD 40.04 million in the previous year" type: "news" locale: "en" url: "https://longbridge.com/en/news/244750770.md" published_at: "2025-06-16T15:59:33.000Z" --- # "Profit Warning" VEEKO INT'L estimates full-year loss to expand to at least 120 million yuan > VEEKO INT'L issued a profit warning, expecting a loss of between HKD 120 million and HKD 126 million for the fiscal year ending in March, compared to a profit of HKD 40.04 million in the previous year. The anticipated loss is mainly due to a decrease in gross profit resulting from reduced revenue in both the cosmetics and fashion business segments; a decline in the fair value of investment properties by approximately HKD 40.92 million; and an increase in financing costs to HKD 39.78 million VEEKO INT'L (01173.HK) issued a profit warning, expecting a loss of between HKD 120 million and HKD 126 million for the fiscal year ending in March, compared to a profit of HKD 40.04 million in the previous year. The anticipated loss is mainly due to a decrease in gross profit resulting from reduced revenue in both the cosmetics and fashion business segments; a decline in the fair value of investment properties by approximately HKD 40.92 million; and an increase in financing costs to HKD 39.78 million ### Related Stocks - [01173.HK - VEEKO INT'L](https://longbridge.com/en/quote/01173.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | AB InBev buys back 404,496 units for EUR 26,306,936 | Anheuser-Busch InBev SA has repurchased 404,496 shares for EUR 26,306,936, averaging EUR 65.04 per share, as part of its | [Link](https://longbridge.com/en/news/276079337.md) | | Rex International Posts 12,010 boepd from Norway, Oman and Germany in January | Rex International Holding Ltd. reported an average oil and gas production of 12,010.5 boepd from its assets in Norway, O | [Link](https://longbridge.com/en/news/276018126.md) | | Chinese Importers Boost Sorghum, Barley Imports Due to High Domestic Corn Prices, Tight Supply | Chinese Importers Boost Sorghum, Barley Imports Due to High Domestic Corn Prices, Tight Supply | [Link](https://longbridge.com/en/news/275854826.md) | | CIA, Pentagon reviewed secret 'Havana syndrome' device in Norway, Washington Post reports | U.S. officials investigated a secret experiment in Norway involving a microwave device that caused neurological symptoms | [Link](https://longbridge.com/en/news/275976803.md) | | Bad Bunny's show offers cultural lifeline to a besieged Hispanic community | Bad Bunny's Super Bowl halftime show provided a moment of cultural pride for Hispanic residents in Aurora, Colorado, ami | [Link](https://longbridge.com/en/news/275742822.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.