Grand Power Logistics Group Ltd. issued a profit warning, expecting FY2025 revenue of about HK$720 million to HK$730 million, down from about HK$1,058 million in FY2024. It also forecasts a net loss of about HK$43 million to HK$46 million, widening from a net loss of about HK$4 million a year earlier, while gross loss is expected to narrow to around HK$0.2 million for FY2025 from about HK$11.7 million in 1H2025 and compared with gross profit of about HK$40 million in FY2024.
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. Grand Power Logistics Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260227-12032936), on February 27, 2026, and is solely responsible for the information contained therein.
Comments