"Profit Warning" TE HEALTHCARE expects to turn from profit to loss for the full year, with a loss of approximately HKD 7.1 million

TE HEALTHCARE (06877.HK) issued a profit warning, expecting to record a net comprehensive loss attributable to shareholders of approximately HKD 7.1 million for the year ending December 31, 2025, while recording a net comprehensive profit attributable to shareholders of approximately HKD 11.3 million for the year 2024.

The group indicated that its profitability during the period was negatively impacted by a significant increase in administrative and operating expenses due to the expansion of business-to-consumer (B2C) sales channels and digital marketing activities. Additionally, the group incurred higher professional and legal fees due to specific corporate transactions and ongoing litigation matters. Furthermore, the group expects other income to decrease by 71% year-on-year to approximately HKD 4.6 million, attributed to a decline in foreign exchange gains and interest-related income levels