
KELFRED issues a profit warning, expecting a net loss of approximately HKD 4.7 million in the first half of the year

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KELFRED expects a net loss of approximately HKD 4.7 million in the first half of 2025, a decrease from the net loss of HKD 12.3 million in the first half of 2024. The board pointed out that the reduction in losses is mainly due to an increase in sales orders and cost-saving measures that improved gross profit, but the exchange loss caused by the appreciation of the RMB offset the previous exchange gains from the depreciation of the RMB
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