Profit Warning Issued by COMPUTIME: Anticipated 70-80% Drop in Annual Shareholder Earnings

Stock News05-22 16:46

COMPUTIME (00320) has announced a profit warning, projecting that the profit attributable to shareholders for the fiscal year ending March 31, 2026 (FY25/26) will decrease by approximately 70% to 80% compared to the previous year's profit of about HK$92.6 million. The decline is primarily attributed to the absence of a significant net foreign exchange gain of approximately HK$14.2 million that positively impacted profits in the prior period. Additionally, in response to evolving geopolitical risks and in alignment with the strategic priorities of the group and its clients, the company has proactively invested to accelerate business and technological development while expanding its overseas manufacturing footprint. These factors are consistent with those disclosed in the company's interim report for the six months ended September 30, 2025, and do not represent new developments. Although these initiatives have increased short-term operational expenses and impacted profitability, they involve a planned reallocation of resources to support the group's sustainable and long-term growth. The board believes these measures require time to yield the anticipated benefits and will establish a solid foundation for the future.

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