BYTE META expects its annual loss attributable to shareholders to significantly decrease to no more than HKD 11.5 million
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BYTE META expects that the annual loss attributable to shareholders for the year ending June 30, 2025, will be significantly reduced to no more than HKD 11.5 million, a notable improvement compared to the loss of HKD 28.9 million for the year ending June 30, 2024. The main reasons include a reduction in administrative and operating expenses, confirmed gains from the sale of the Rice Bug Group, a decrease in sales expenses, and improved performance from investments in joint ventures, despite a decrease in gross profit of approximately HKD 8.5 million
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