GLOBAL CORN GP issued a profit warning, expecting a mid-term net loss of approximately HKD 65 million to HKD 85 million, a year-on-year turnaround from profit to loss
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GLOBAL CORN GP issued a profit warning, expecting a mid-term net loss of approximately HKD 65 million to HKD 85 million for the period ending June 30, 2025, compared to a net profit of approximately HKD 166 million for the same period last year. The loss is mainly due to the failure to recognize one-time gains related to debt restructuring and the sale of wholly-owned subsidiaries
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