AV CONCEPT HOLD issues a profit warning, expecting the annual profit attributable to shareholders to decrease by no less than 48%
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AV CONCEPT HOLD issued a profit warning, expecting that the annual consolidated profit attributable to shareholders for the year ending March 31, 2025, will decrease by no less than 48%, amounting to approximately HKD 52.4 million, a significant decline compared to approximately HKD 109.2 million for the same period in 2024. The main reasons include fluctuations in the semiconductor market leading to a decline in gross profit margin, as well as poor performance of joint ventures, which affected profits and losses
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