GLORY FLAME issues profit warning, expects losses in the first half to increase to approximately HKD 9.6 million

Zhitong
2025.08.27 09:53
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According to the Zhitong Finance APP, GLORY FLAME announced that the group expects to incur a loss of approximately HKD 9.6 million in the first half of 2025, compared to a loss of approximately HKD 4.6 million in the same period of 2024. The increase in the group's loss is mainly due to a decrease in revenue for the relevant period from approximately HKD 46.4 million in the same period of 2024 to approximately HKD 37.8 million; and a decrease in gross profit for the relevant period from approximately HKD 15.6 million in the same period of 2024 to approximately HKD 9.8 million

According to the Zhitong Finance APP, GLORY FLAME (08059) announced that the group expects to incur a loss of approximately HKD 9.6 million in the first half of 2025, compared to a loss of approximately HKD 4.6 million in the same period of 2024. The increase in the group's loss is mainly due to a decrease in revenue during the relevant period from approximately HKD 46.4 million in the same period of 2024 to approximately HKD 37.8 million; and a decrease in gross profit during the relevant period from approximately HKD 15.6 million in the same period of 2024 to approximately HKD 9.8 million

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