LFG Investment Holdings Ltd. Issues Profit Warning, Projects Net Loss of Over HK$30 Million

Reuters
Jun 20
LFG Investment Holdings Ltd. Issues Profit Warning, Projects Net Loss of Over HK$30 Million

LFG Investment Holdings Ltd. has issued a profit warning, indicating that the company is expected to record a net loss of not less than HK$30.0 million for the fiscal year ending March 31, 2025. This anticipated loss is primarily due to negative revenue from investment funds amounting to at least HK$7.0 million, a decrease in revenue from corporate finance, securities, underwriting, and margin financing services compared to the previous year, and an expected credit loss on accounts receivable of not less than HK$6.0 million. The forecast is based on preliminary unaudited financial assessments, and the company advises shareholders and potential investors to exercise caution when dealing in its shares. The annual results announcement is expected to be published around June 25, 2025.

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