---
title: "\"Profit Warning\" TOP FORM INT'L expects mid-term net loss to widen to a maximum of HKD 40 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274279174.md"
description: "TOP FORM INT'L announced that it expects to record a net loss of no more than HKD 40 million for the interim period ending December 31, 2025, compared to a net loss of HKD 15.8 million for the same period in 2024. The company stated that the anticipated loss is primarily due to a significant decline in revenue, a decrease in order volume from major customers, a drop in gross profit margin, underutilization of production capacity leading to fixed costs not being fully amortized, and a product mix skewed towards low-margin products"
datetime: "2026-01-30T09:04:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274279174.md)
  - [en](https://longbridge.com/en/news/274279174.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274279174.md)
---

# "Profit Warning" TOP FORM INT'L expects mid-term net loss to widen to a maximum of HKD 40 million

TOP FORM INT'L (00333.HK) announced that it expects to record a net loss of no more than HKD 40 million for the interim period ending December 31, 2025, compared to a net loss of HKD 15.8 million for the same period in 2024.

The company stated that the expected loss is primarily due to a significant decline in revenue, a reduction in order volume from major customers, a decrease in gross margin, underutilization of production capacity leading to fixed costs not being fully amortized, and a product mix skewed towards low-margin products

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