Newtrend Group FY2025 profit drops 60% to 80% due to lower net foreign exchange gains

Reuters03-27

Newtrend Group FY2025 profit drops 60% to 80% due to lower net foreign exchange gains

Newtrend expects profit to fall about 60% to 80% for the year ended Dec. 31, 2025 versus the year ended Dec. 31, 2024.
The outlook was based on a preliminary review of unaudited consolidated management accounts and other information available to the board.
Management attributed the expected decline mainly to lower net foreign exchange gains and higher administrative expenses.
Additional factors cited included increased credit impairment and higher finance costs compared with the prior year.

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. Newtrend Group Holding Co. 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-20260327-12073247), on March 27, 2026, and is solely responsible for the information contained therein.

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