KING'S FLAIR issued a profit warning, expecting a mid-term loss of approximately HKD 40 million, turning from profit to loss year-on-year
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KING'S FLAIR issued a profit warning, expecting a loss of approximately HKD 40 million for the six months ending June 30, 2025, compared to a profit of approximately HKD 3.4 million in the same period last year. The reasons for the loss include: a significant increase in administrative expenses, an increase in fair value losses on investment properties, and a decline in revenue due to U.S. tariffs and policy uncertainties
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