SUN HING PRINT issued a profit warning, expecting an annual loss of approximately HKD 80 million to 95 million, turning from profit to loss year-on-year
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SUN HING PRINT issued a profit warning, expecting an annual loss of between HKD 80 million and 95 million for the year ending June 30, 2025, a significant turnaround from a profit of approximately HKD 17.1 million last year. The reasons for the loss include impairment losses, a slowdown in the global economy, and cautious consumer spending. Although the company has reduced some costs, fixed expenses and financing costs continue to persist
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