Dragon King Group Anticipates Net Loss Between HK$14 Million and HK$16 Million for Fiscal 2025

Stock News03-31

Dragon King Group has issued an announcement stating that, following further discussions with its auditor during the audit process and based on audit work completed by the auditor up to the date of this announcement, the board of directors hereby provides an additional update to shareholders and potential investors. The group expects to recognize a one-time non-cash gain of approximately HK$12 million from the deconsolidation of two subsidiaries. These subsidiaries, which previously operated as restaurants for the group in Whampoa and Kwun Tong, have been removed from consolidation after the Hong Kong High Court issued winding-up orders against them. Consequently, the group's anticipated loss for the fiscal year ending December 31, 2025, will be reduced by approximately HK$12 million compared to the figure disclosed in the previous announcement. The revised expected net loss is now projected to be between approximately HK$14 million and HK$16 million.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1164699749?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-31 12:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1164699749","market":"sh","top_or_hot":-1,"title":"Dragon King Group Anticipates Net Loss Between HK$14 Million and HK$16 Million for Fiscal 2025","media":"Stock News","content":"<p>Dragon King Group has issued an announcement stating that, following further discussions with its auditor during the audit process and based on audit work completed by the auditor up to the date of this announcement, the board of directors hereby provides an additional update to shareholders and potential investors. The group expects to recognize a one-time non-cash gain of approximately HK$12 million from the deconsolidation of two subsidiaries. These subsidiaries, which previously operated as restaurants for the group in Whampoa and Kwun Tong, have been removed from consolidation after the Hong Kong High Court issued winding-up orders against them. Consequently, the group's anticipated loss for the fiscal year ending December 31, 2025, will be reduced by approximately HK$12 million compared to the figure disclosed in the previous announcement. The revised expected net loss is now projected to be between approximately HK$14 million and HK$16 million.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dragon King Group Anticipates Net Loss Between HK$14 Million and HK$16 Million for Fiscal 2025</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDragon King Group Anticipates Net Loss Between HK$14 Million and HK$16 Million for Fiscal 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-03-31 12:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dragon King Group has issued an announcement stating that, following further discussions with its auditor during the audit process and based on audit work completed by the auditor up to the date of this announcement, the board of directors hereby provides an additional update to shareholders and potential investors. The group expects to recognize a one-time non-cash gain of approximately HK$12 million from the deconsolidation of two subsidiaries. These subsidiaries, which previously operated as restaurants for the group in Whampoa and Kwun Tong, have been removed from consolidation after the Hong Kong High Court issued winding-up orders against them. Consequently, the group's anticipated loss for the fiscal year ending December 31, 2025, will be reduced by approximately HK$12 million compared to the figure disclosed in the previous announcement. The revised expected net loss is now projected to be between approximately HK$14 million and HK$16 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"08493","symbol_name":"龙皇集团","start_time":0,"source_url":"","article_id":"1164699749","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164699749","pubTimestamp":1774931676,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Dragon King Group has issued an announcement stating that, following further discussions with its auditor during the audit process and based on audit work completed by the auditor up to the date of...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"08493":"龙皇集团","BK1233":"餐馆"},"translate_title":"龙王集团预计2025财年净亏损1400万港元至1600万港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"08493":1},"content_text":"Dragon King Group has issued an announcement stating that, following further discussions with its auditor during the audit process and based on audit work completed by the auditor up to the date of this announcement, the board of directors hereby provides an additional update to shareholders and potential investors. The group expects to recognize a one-time non-cash gain of approximately HK$12 million from the deconsolidation of two subsidiaries. These subsidiaries, which previously operated as restaurants for the group in Whampoa and Kwun Tong, have been removed from consolidation after the Hong Kong High Court issued winding-up orders against them. Consequently, the group's anticipated loss for the fiscal year ending December 31, 2025, will be reduced by approximately HK$12 million compared to the figure disclosed in the previous announcement. The revised expected net loss is now projected to be between approximately HK$14 million and HK$16 million.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1164699749","isCrawlerRequest":true}