"Profit Warning" WINSHINE SCI forecasts annual losses may expand to HKD 95 million

AASTOCKS
2026.03.12 14:41

WINSHINE SCI (00209.HK) issued a profit warning, expecting a loss of no more than HKD 95 million for the fiscal year 2025, compared to a loss of HKD 73 million in the previous year. The increase in losses is mainly due to the continuous decline in order volume from American customers, as well as a sharp decrease in gross profit contribution from U.S. sales, leading to a decline in revenue and profit; and the rise in minimum wage and social insurance costs in mainland China