TOP FORM INT'L issued a profit warning, expecting an annual net loss of no more than HKD 28 million, a year-on-year turnaround from profit to loss
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TOP FORM INT'L issued a profit warning, expecting an annual net loss of no more than HKD 28 million for the year ending June 30, 2025, turning from a net profit of HKD 1.5 million in the 2024 fiscal year to a loss. The reasons for the loss include additional manufacturing costs and freight due to the shutdown of the Indonesian factory, customer support related to changes in U.S. tariff policies, fair value losses on investment properties, and fair value losses on financial assets
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