E. BON HOLDINGS issues a profit warning, alerting that the annual pre-tax loss will not exceed HKD 13 million
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E. BON HOLDINGS issued a profit warning, expecting the annual pre-tax loss for the year ending March 31, 2025, to not exceed HKD 13 million, a significant decline from the pre-tax profit of approximately HKD 10.9 million in the same period last year. The loss is mainly due to a decline in the market value of self-owned properties by approximately HKD 19.4 million, as well as increased market competition and rising inventory costs leading to a gross profit decline of about 11%
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