---
title: "[Profit Warning] A & S GROUP expects a mid-term loss of approximately HKD 11 million to 15 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/264151054.md"
description: "A & S GROUP expects to record a net loss of approximately HKD 11 million to 15 million for the six months ending September 30, 2025, compared to a net profit of approximately HKD 70,000 for the same period in 2024. The loss is mainly due to a decrease in cargo handling volume for air freight forwarding ground services, as well as an uncertain trade environment that has prevented labor costs from being reduced accordingly"
datetime: "2025-11-04T06:53:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/264151054.md)
  - [en](https://longbridge.com/en/news/264151054.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/264151054.md)
---

# [Profit Warning] A & S GROUP expects a mid-term loss of approximately HKD 11 million to 15 million

A & S GROUP (01737.HK) announced that it expects to record a net loss attributable to the company's owners of approximately HKD 11 million to HKD 15 million for the six months ending September 30, 2025, compared to a net profit attributable to the company's owners of approximately HKD 70,000 for the same period in 2024. This is mainly due to a decrease in the overall cargo handling volume of air freight forwarding ground services during the period and, given the uncertainty of the trade environment, the group needs to maintain a stable workforce to sustain daily operations, so the overall labor costs could not be reduced to the same extent as the decrease in overall revenue and handling volume

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