Goldway Medical (08143) issues profit warning, expecting to make a loss of approximately 2.7 million Hong Kong dollars in the mid-term, turning from profit to loss year-on-year.
Wisdom Finance APP News, Kinway Medical (08143) announced that it is expected to have a loss of approximately HK$2.7 million for the six months ending September 30, 2025 (current period), while it had a profit of approximately HK$7.6 million for the six months ending September 30, 2024 (corresponding period). Despite the group's expectation of operating revenue of approximately HK$10.5 million for the current period (corresponding period: approximately HK$10.4 million), similar to the level of revenue achieved in the corresponding period, the expected shift from profit to loss is mainly due to the absence of a one-time gain of approximately HK$10.5 million recognized from the sale of a subsidiary in the corresponding period.
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