YNBY INTL (0030) issues a profit warning, expecting a year-on-year decrease of 65% to 85% in net profit for the fiscal year 2025
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YNBY INTL issued a profit warning, expecting that for the fiscal year ending December 31, 2025, the net profit attributable to shareholders will be between HKD 2.5 million and HKD 6.5 million, a decrease of 65% to 85% compared to approximately HKD 18 million for the fiscal year 2024. The main reason is a significant decline in sales of products with higher gross margins, leading to an overall gross margin decrease from about 8.74% in fiscal year 2024 to approximately 2% to 5% in fiscal year 2025
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