--- title: "WISDOMCOME GP issued a profit warning, expecting an annual loss attributable to shareholders of no more than HKD 50 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/245663332.md" description: "WISDOMCOME GP issued a profit warning, expecting the annual loss attributable to company owners for the year ending March 31, 2025, to not exceed HKD 50 million, a decrease from approximately HKD 114.4 million in 2024. The main reasons for the reduction in loss include a decrease in fair value losses on financial assets, a decrease in impairment losses on other assets, a reduction in administrative expenses, a reversal of expected credit losses on accounts receivable, and a decrease in provisions for expected credit losses on customer loans and advances" datetime: "2025-06-23T09:23:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/245663332.md) - [en](https://longbridge.com/en/news/245663332.md) - [zh-HK](https://longbridge.com/zh-HK/news/245663332.md) --- # WISDOMCOME GP issued a profit warning, expecting an annual loss attributable to shareholders of no more than HKD 50 million According to the Zhitong Finance APP, WISDOMCOME GP (08079) announced that the group expects to incur a loss attributable to the owners of the company of no more than HKD 50 million for the year ending March 31, 2025, while for the year 2024, it expects a loss of approximately HKD 114.4 million attributable to the owners of the company. The announcement stated that the expected reduction in losses is mainly due to a decrease in fair value losses of financial assets recognized in profit or loss at fair value; a decrease in impairment losses of other assets; a reduction in administrative expenses; a reversal of expected credit losses on trade receivables; and a decrease in provisions for expected credit losses on loans and advances provided to customers ### Related Stocks - [08560.HK](https://longbridge.com/en/quote/08560.HK.md) - [08079.HK](https://longbridge.com/en/quote/08079.HK.md) ## Related News & Research - [Ciena stock falls after earnings beat. Revenue growth of 40% wasn’t enough.](https://longbridge.com/en/news/288714455.md) - [EAT&HOLDINGSLtd's (TSE:2882) Soft Earnings Don't Show The Whole Picture](https://longbridge.com/en/news/288630852.md) - [Is Shufersal’s Stronger Q1 Sales And Profitability Altering The Investment Case For Shufersal (TASE:SAE)?](https://longbridge.com/en/news/288550553.md) - [ZAWYA: Dubai employers move beyond insurance, introduce will drafting as employee benefit amid rising expat demand](https://longbridge.com/en/news/288413709.md) - [XPENG Invited to CVPR for the Third Time, Showcasing China's Advances in Physical AI to the World | XPEV Stock News](https://longbridge.com/en/news/288742011.md)