Treasure Light Industry (00084.HK) issued a profit warning, expecting the annual shareholder's loss not to exceed HK$70 million.
The Zhtng Financial and Economic APP reported that Baoguang Industrial (00084.HK) has announced that the group is expected to have comprehensive losses not exceeding 70 million Hong Kong dollars for the financial year ending March 31, 2026 (2026 financial year), while the net comprehensive loss for the financial year ending March 31, 2025 (2025 financial year) was 107 million Hong Kong dollars. The group is expected to achieve a lower net comprehensive loss in the 2026 financial year compared to the 2025 financial year, mainly due to the closure of underperforming stores, reduction in bank loan balances leading to lower interest expenses, and increasing gross profit margins through a diverse product mix and stronger same-store sales growth. In particular, the group's retail business in Southeast Asia is expected to achieve a 15% growth in same-store sales in the 2026 financial year.
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