Yurun Food Issues Profit Warning, Anticipates HK$70 Million Loss for 2025 Fiscal Year

Stock News
Mar 17

Yurun Food (01068) has announced an anticipated net loss of approximately HK$70 million for the fiscal year ending December 31, 2025. This represents an increase compared to the loss of about HK$36 million recorded in the 2024 fiscal year.

The expanded loss is primarily attributed to the combined impact of several factors. Firstly, a one-time reduction in lease liabilities and gains from debt settlements totaling roughly HK$117 million, which were recognized in the previous year, did not recur in the 2025 fiscal year. Secondly, there was a decrease of approximately HK$36 million in the provision for deductible value-added tax reductions. Additionally, provisions for reductions related to property, plant, and equipment decreased by about HK$21 million. Finally, impairment losses on property, plant, and equipment also saw a reduction of around HK$32 million during the review period.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10