LOCO HK issues a profit warning, expecting interim net profit attributable to shareholders to increase to approximately no less than HKD 17 million
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LOCO HK expects that the interim net profit attributable to shareholders for the period ending June 30, 2025, will increase to no less than HKD 17 million, a significant increase from HKD 4.77 million in the same period of 2024. The growth is mainly attributed to the group's core business revenue in metal trading and commodity trading, which is expected to rise from approximately HKD 8.44 billion in the same period to over HKD 10 billion in the current period, as well as proactive cost optimization measures
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