AV Concept Holdings Limited has issued a profit warning, indicating a significant decline in its financial performance for the year ended 31 March 2025. The company's board has announced that the consolidated profit attributable to the owners is expected to decrease by at least 48%, equating to approximately HK$52.4 million, compared to HK$109.2 million in the previous year. This downturn is primarily attributed to a decrease in gross profit margins due to market fluctuations in the semiconductor industry and reduced profits from joint ventures and associates, stemming from poor joint venture performance. The company's financial results are still being finalized, with the audited annual results scheduled for release on 30 June 2025. Investors and shareholders are advised to exercise caution in dealing with the company's securities.
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