"Profit Warning" HC TECH GP estimates annual loss of at least 40 million RMB

AASTOCKS
2025.09.14 11:04

HC TECH GP (01116.HK) issued a profit warning, expecting a loss of between RMB 40 million to 60 million for the year ending in June, compared to a restated profit of approximately RMB 140 million to 160 million in the previous year. During the year, the group recorded share option expenses of RMB 27.5 million; a loss of RMB 4.5 million from the sale of subsidiaries; a decrease in gross profit of RMB 4.6 million; and a reduction in government subsidies of RMB 3.3 million