CROWNICORP (00727) Issues Profit Warning, Expects Interim Shareholder's Comprehensive Loss of Approximately HK$32 Million to HK$36 Million

Stock News11-24

CROWNICORP (00727) announced that the Group expects to record a comprehensive loss attributable to shareholders ranging between HK$32 million and HK$36 million for the period ending September 30, 2025, compared to a comprehensive loss of approximately HK$2 million for the same period ending September 30, 2024. The increase in the comprehensive loss for the current reporting period is primarily due to the rise in operational and marketing expenses for premium liquor trading, which surged from HK$0 in the previous period to HK$8 million in the current period, as well as impairment losses recognized during the reporting period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment