Hin Sang Group expects wider net loss for FY2025

Hin Sang Group (International) Holding Co. Ltd. has issued a profit warning, indicating that its consolidated net loss for the financial year ending March 31, 2025, is expected to widen to approximately HK$49 million, compared to HK$36.4 million for the previous financial year. The expected increase in the consolidated net loss is primarily attributed to a loss on fair value change of financial assets amounting to approximately HK$1.2 million, a notable shift from the previous year's gain of HK$6.7 million. Additionally, the company cited an impairment of property, plant, and equipment, estimated at HK$7.5 million, as a contributing factor to the anticipated loss, compared to approximately HK$3.8 million in FY2023/24. Shareholders are advised to exercise caution and to carefully review the company's full results announcement, expected to be published on June 27, 2025.