BONNY HLDG issues a profit warning, expecting a decline of over 70% in interim profit attributable to shareholders
BONNY HLDG issued a profit warning, expecting that the interim profit attributable to shareholders for the period ending June 30, 2025, will decline by more than 70%, not exceeding HKD 1.5 million, compared to HKD 5.3 million in the same period last year. The board pointed out that the decline in profit is mainly due to international trade disputes, a weak market, and cautious consumer spending, leading to a decrease in revenue from original design manufacturers and self-owned brand businesses. Total revenue is expected to be approximately HKD 110 million to 120 million, a year-on-year decrease of about 23.6% to 16.6%
According to the announcement from BONNY HLDG (01906), the group expects to achieve a profit attributable to the owners of the company not exceeding RMB 1.5 million for the half-year period ending June 30, 2025, representing a decline of over 70% compared to the profit attributable to the owners of approximately RMB 5.3 million for the half-year period ending June 30, 2024.
The board of directors believes that the decline in profit during the reporting period is mainly due to ongoing international trade disputes, a weak market, and cautious consumer spending, which have led to a downward trend in revenue from the group's original design manufacturer business and self-owned brand business. The group expects total revenue during the reporting period to be approximately RMB 110 million to 120 million, a decrease of about 23.6% to 16.6% compared to approximately RMB 143.9 million in the same period last year
