MING FAI INT'L (03828) issued a profit warning, expecting that the interim profit attributable to shareholders will decrease year-on-year to not less than HKD 34 million.
Minghui International (03828) announced that, based on a preliminary assessment of the Group's most recent unaudited consolidated management accounts, the Group expects to achieve a profit attributable to the owners of the Company of not less than HKD 34 million for the six months ending June 30, 2026 (for the six months ending June 30, 2025: approximately HKD 50.9 million).
MING FAI INT'L (03828) issued an announcement stating that based on a preliminary assessment of the group's most recent unaudited consolidated management accounts, the group expects to achieve a profit attributable to the company's owners of no less than HKD 34 million for the six months ending June 30, 2026 (for the six months ending June 30, 2025: approximately HKD 50.9 million).
The decrease in the profit attributable to the company's owners during this period is primarily due to increased manufacturing cost pressures leading to a decline in gross profit margin, the impact of fluctuations in the external environment, and intense industry competition.
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