ERNEST BOREL issues a profit warning, expecting a mid-term net loss of approximately HKD 21.8 million
According to the announcement released by ERNEST BOREL, the group expects to incur a net loss of approximately HKD 21.8 million for the six months ending June 30, 2025, compared to a net loss of approximately HKD 5.3 million for the same period in 2024, indicating an expansion of losses. The expected loss is primarily due to weak consumer market sentiment, slow economic recovery, and fragile consumer confidence. Affected by macroeconomic uncertainties and geopolitical tensions, customer order volumes have become conservative
According to the Zhitong Finance APP, ERNEST BOREL (01856) announced that it expects the group to incur a net loss of approximately HKD 21.8 million for the six months ending June 30, 2025, compared to a net loss of approximately HKD 5.3 million for the same period in 2024, representing an expansion of the loss.
The expected loss is mainly due to weak consumer market sentiment, slow economic recovery, and fragile consumer confidence. Affected by macroeconomic uncertainties and geopolitical tensions, customer order volumes have become conservative
