YGM TRADING (00375) issued a profit warning, expecting a comprehensive net loss attributable to shareholders of not more than HK$40 million for the year, increasing year-on-year.
Zhong Tong Financial News App reported that YGM TRADING (00375) announced that the company expects to incur a comprehensive loss attributable to shareholders of no more than 40 million Hong Kong dollars for the financial year ending March 31, 2026 (2026 fiscal year), compared to a loss of approximately 24 million Hong Kong dollars for the year ending March 31, 2025. The board of directors believes that the increase in expected loss for the 2026 financial year is mainly due to the impairment losses on investment properties and intangible assets.
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