NICHE-TECH SEMI issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately HKD 30.4 million, a year-on-year turnaround from profit to loss
I'm PortAI, I can summarize articles.
NICHE-TECH SEMI issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately HKD 30.4 million for the period ending June 30, 2025, a significant turnaround from a profit of HKD 2.2 million in the same period of 2024. The loss is attributed to impairment of certain intangible assets and a decline in product turnover and gross margin, mainly affected by intense competition and weakened consumer sentiment. The impairment is a non-cash expense and does not affect overall operations. Excluding interest, taxes, and depreciation, the expected profit for this period is approximately HKD 2.5 million
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments