FilingReader Intelligence

Tsit Wing International warns of 30-35% profit decline

July 21, 2025 at 05:05 PM UTCBy FilingReader AI

Tsit Wing International Holdings expects a 30% to 35% decrease in profit attributable to owners for the six months ended June 30, 2025, compared to 2024.

The decline stems from the absence of a one-off asset disposal gain of approximately HK$12.4 million recorded in 2024, plus increased procurement costs from rising coffee bean prices reducing gross profit margins.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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