--- title: "TSIT WING INTL issued a profit warning, expecting a year-on-year decrease of approximately 30% to 35% in mid-term profit attributable to shareholders" type: "News" locale: "en" url: "https://longbridge.com/en/news/249362115.md" description: "TSIT WING INTL issued a profit warning, expecting that the interim profit attributable to shareholders for the period ending June 30, 2025, will decrease by approximately 30% to 35% year-on-year. The main reasons include the absence of one-time gains from asset sales during the reporting period, while there was a gain of approximately HKD 12.4 million in the same period of 2024, as well as a decline in gross profit margin due to rising coffee bean prices" datetime: "2025-07-21T08:51:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/249362115.md) - [en](https://longbridge.com/en/news/249362115.md) - [zh-HK](https://longbridge.com/zh-HK/news/249362115.md) --- # TSIT WING INTL issued a profit warning, expecting a year-on-year decrease of approximately 30% to 35% in mid-term profit attributable to shareholders According to the Zhitong Finance APP, TSIT WING INTL (02119) announced that the group expects to achieve a profit attributable to the owners of the parent company for the six months ending June 30, 2025, which will decrease by approximately 30% to 35% compared to the same period in 2024. The decrease is mainly due to (i) the absence of one-time gains from asset sales during the reporting period, while the group recorded gains of approximately HKD 12.4 million from asset sales in the same period of 2024; and (ii) a decrease in gross profit margin due to increased procurement costs caused by rising commodity prices of coffee beans ### Related Stocks - [02119.HK](https://longbridge.com/en/quote/02119.HK.md) ## Related News & Research - [Bernie Sanders Says Trump Is Helping 'Big Oil' While The Planet Nears Dangerous Temperature Records](https://longbridge.com/en/news/288526192.md) - [Economist Mark Zandi says Trump has a week to strike Iran deal before US faces a 'real problem'](https://longbridge.com/en/news/288316443.md) - [El-Erian warns war fallout could intensify global economic strains](https://longbridge.com/en/news/288416207.md) - [Trump Criticized Canada's China EV Deal—Elon Musk's Tesla Could Be Among Its Biggest Winners](https://longbridge.com/en/news/288226287.md) - [Asia Naphtha/Gasoline-Naphtha margin gains; gasoline at $20/bbl](https://longbridge.com/en/news/288406442.md)