Kuangyi International (01683.HK) issued a profit warning, expecting to incur a net loss of no less than 500,000 Hong Kong dollars in the midterm, turning from a profit to a loss compared to the same period last year.

Tencent Financial News App reported that Kua Yi International (01683.HK) announced that the net profit for the six months ending June 30, 2024 was 5.7 million Hong Kong dollars. The group expects to incur a net loss of no less than 500,000 Hong Kong dollars for the six months ending June 30, 2025.