WINOX issued a profit warning, expecting a loss of approximately HKD 13 million to 15 million in the first half of the year, turning from profit to loss year-on-year
According to the Zhitong Finance APP, WINOX announced that the group is expected to incur a loss of approximately HKD 13 million to 15 million in the first half of 2025, compared to a net profit of HKD 9.255 million in the same period of 2024. The estimated loss during this period is mainly attributed to severance compensation of approximately HKD 10 million paid under the streamlined workforce plan, and the overall gross profit margin has declined due to intense market competition
According to the Zhitong Finance APP, WINOX (06838) announced that the group expects to incur a loss of approximately HKD 13 million to 15 million in the first half of 2025, compared to a net profit of HKD 9.255 million in the same period of 2024. The estimated loss during this period is mainly attributed to approximately HKD 10 million in severance compensation paid under the streamlined workforce plan, and a decline in overall gross profit margin due to intense market competition
