RENZE HARVEST issued a profit warning, expecting a mid-term loss of no more than approximately HKD 50 million, a year-on-year decrease
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RENZE HARVEST issued a profit warning, expecting a mid-term loss not exceeding HKD 50 million for the period ending June 30, 2025, a decrease compared to the same period last year. The unaudited consolidated loss for the same period in 2024 was HKD 143 million. The main reasons for the reduction in loss include: revenue increased from HKD 379 million in the same period of 2024 to HKD 457 million, other income was HKD 160,000, while other losses in the same period of 2024 were HKD 60.107 million, and the write-down of property inventory significantly decreased to HKD 7.208 million
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