Sheung Yue Group issues profit warning on expected net loss

Sheung Yue Group Holdings Limited (HKEX:1633) has issued a profit warning, anticipating a net loss of approximately HKD9.7 million for the year ended March 31, 2025. This compares unfavorably to the net profit of approximately HKD4.3 million reported for the year ended March 31, 2024. The company attributes the expected loss primarily to a decrease in group revenue, a decline in overall gross profit margin, and an impairment loss recorded on the Group's right-of-use assets. The announcement, released on June 23, 2025, advises shareholders and potential investors to exercise caution when dealing in the shares. The company is still finalizing its unaudited consolidated results and expects to publish its annual results announcement on June 30, 2025.