LEADWAY TECH issues a profit warning, expecting a year-on-year loss of approximately HKD 5.2 million in the first half of the year
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LEADWAY TECH expects to record a net loss of approximately HKD 5.2 million in the first half of 2025, compared to a net profit of HKD 2.1 million in the same period of 2024. The main reasons include a decrease in total revenue of approximately 13.5% to HKD 40.83 million, an increase in employee costs of approximately 10.8% to HKD 16.98 million, and a significant increase in administrative expenses of approximately 94% to HKD 7.35 million. These changes reflect the impact of the global economic slowdown, tariff disputes, and an unstable trade environment on the company's performance
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