Scorching Dragon expects net loss of HK$14-16 million after HK$12 million gain

Reuters03-31

Scorching Dragon expects net loss of HK$14-16 million after HK$12 million gain

Scorching Dragon forecast FY2025 net loss of HK$14 million to HK$16 million, narrowing prior guidance by about HK$12 million.
Revision reflects expected one-off non-cash gain of about HK$12 million from deconsolidation of two subsidiaries.
Deconsolidation follows High Court of Hong Kong winding-up orders against subsidiaries that operated Chinese restaurants in Whampoa, Kwun Tong.
Shares have been suspended since Oct. 20, 2025, pending fulfillment of resumption guidance.

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. Scorching Dragon Holdings 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-20260331-12081782), on March 31, 2026, and is solely responsible for the information contained therein.

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