TRIO IND ELEC (01710) issues profit warning, expecting a shareholder's net loss not exceeding HK$38 million for the fiscal year 2025.

TRIO IND ELEC (01710) Announcement: The group expects the company's attributable loss for the year ending December 31, 2025 to not exceed HK$38 million, while the company's attributable profit for the year 2024 was approximately HK$8.6 million. The expected loss is mainly due to the following reasons: (i) the group's revenue decline, as a result of weakening demand for the group's intelligent vending systems, intelligent chargers, switch power supplies, and electromechanical products in the European market under uncertain macroeconomic factors (including relatively high interest rate environment, ongoing geopolitical tensions, and implementation of revised US tariff policies); (ii) increased administrative expenses related to the restructuring, expansion, and optimization of the group's Electronic Manufacturing Services (EMS) sales team and overseas operations, which are key drivers of the group's overall business strategy reform aimed at manufacturing more high value-added products and developing new customers with high profit contributions; (iii) as part of the group's overall business strategy reform, operational costs related to new business projects in the emerging market of new energy have increased.