PERFECTECH INTL (00765) Issues Profit Warning, Anticipates 68%-73% Decrease in Pre-Tax Loss for 2025

Stock News06:40

PERFECTECH INTL (00765) announced that the group expects its consolidated pre-tax loss for the year ending December 31, 2025, to decrease by 68% to 73% compared to the pre-tax loss of approximately HK$29.2 million for the year ended December 31, 2024. This improvement is primarily attributed to the following factors: (1) Gross profit margin increased significantly from 21.4% to approximately 31.3%, due to reduced costs of raw materials consumed and direct labor; and (2) Administrative expenses decreased substantially from HK$58.6 million to about HK$50.4 million, resulting from lower employee costs following a reduction in the average monthly salary of the group's full-time staff.

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