Yingzi International (08379.HK) issued a profit warning, expecting a net loss for the year not less than HK$15 million, a change from a profit to a loss compared to the previous year.
Wisdom Capital and Finance APP News, Guotai International (08379.HK) announced that the group is expected to incur a net loss of no less than HK$15 million for the year ending 31 March 2026, while a net profit of approximately HK$1.6 million was achieved for the year ending 31 March 2025. The shift from profit to loss is mainly attributed to (i) increased administrative expenses, mainly due to an increase in operating lease expenses under short-term leasing arrangements, increased impairment losses on right-of-use assets, and increased employee costs; and (ii) an increase in interest expenses on acceptance bills.
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