JIA YAO HLDGS issues a profit warning, expecting a mid-term net loss after tax of approximately 20 million to 24 million yuan
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JIA YAO HLDGS issued a profit warning, expecting a net loss after tax of between HKD 20 million and HKD 24 million for the six months ending June 30, 2025, while achieving a net profit after tax of HKD 27.2 million for the six months ending June 30, 2024. The increase in losses is mainly due to the group's adjustment of its international market sales strategy to cope with fluctuations in e-cigarette regulations and international trade turmoil, which has affected sales orders and profitability
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