YNBY INTL Issues Profit Warning, Forecasts FY2025 Net Profit of HK$2.5-6.5 Million

Stock News02-20

YNBY INTL (00030) announced that the group expects to report a net profit attributable to shareholders of HK$2.5 million to HK$6.5 million for the 2025 fiscal year. This compares to a net profit attributable to shareholders of approximately HK$18 million for the year ended December 31, 2024 (2024 fiscal year), representing a decrease of approximately 65% to 85%.

The decline is primarily attributed to a drop in sales of products with higher profit margins. This has caused the group's gross profit margin to decrease from about 8.74% in the 2024 fiscal year to an estimated range of 2% to 5% for the 2025 fiscal year, resulting in a reduction in gross profit.

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