STELUX HOLDINGS issues a profit warning, expecting a mid-term net loss attributable to shareholders of approximately HKD 35 million to HKD 50 million
STELUX HOLDINGS issued a profit warning, expecting a net loss attributable to shareholders of approximately HKD 35 million to 50 million for the six months ending September 30, 2025, a decrease from HKD 55.4 million in the same period of 2024. The narrowing of losses is mainly due to strict control of expenses and the integration of retail stores to enhance operational efficiency. In addition, same-store sales growth for retail stores in the first half of 2025 is expected to be around 4%. In the future, the group will continue to invest in online platforms to enhance the synergy between online and offline businesses
According to the announcement from Baoguang Industrial (00084), the group expects that for the six months ending September 30, 2025, the company’s equity holders will record a consolidated net loss of approximately HKD 35 million to HKD 50 million, a decrease from the consolidated loss of HKD 55.4 million in the same period of 2024.
The reduction in losses for the first half of 2025 compared to the first half of 2024 is attributed to stringent control of expenses and improved operational efficiency through store integration. In the first half of 2025, the group recorded approximately 4% same-store sales growth in its retail stores in operating regions. Looking ahead, the group will continue to invest resources in online platforms to create a seamless and enriched shopping experience for customers through the synergy of online and offline businesses
