Crown International Corp. Ltd. Announces Positive Profit Outlook with Expected HK$15-25 Million Profit for 2025

Reuters06-13

Crown International Corp. Ltd. Announces Positive Profit Outlook with Expected HK$15-25 Million Profit for 2025

Crown International Corporation Limited has issued a positive profit alert, indicating a substantial financial turnaround for the fiscal year ending 31 March 2025. According to a preliminary assessment by the company's board, the Group expects to report a consolidated profit attributable to shareholders in the range of HK$15 million to HK$25 million. This marks a significant improvement from the previous year's consolidated loss of approximately HK$127 million. The positive shift is largely attributed to a reduction in finance costs and a decrease in losses from the disposal of subsidiaries. The company is set to publish its unaudited annual results on 27 June 2025. Shareholders and potential investors are advised to exercise caution when dealing with the company's shares and to review the upcoming results announcement for detailed financial insights.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown International Corp. Ltd. published the original content used to generate this news brief on June 13, 2025, and is solely responsible for the information contained therein.

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.

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