Solomon Systech Issues Profit Warning, Expects Significant Decrease in Six-Month Earnings for 2025

Reuters
Jul 23
<a href="https://laohu8.com/S/02878">Solomon Systech</a> Issues Profit Warning, Expects Significant Decrease in Six-Month Earnings for 2025

Solomon Systech (International) Ltd. has issued a profit warning, indicating that the company anticipates a significant decrease in profit for the first half of 2025. Based on a preliminary review of unaudited consolidated management accounts, the Group expects to record a profit attributable to shareholders ranging from approximately US$3.5 million to US$4.0 million for the six months ended June 30, 2025. This represents a decline of approximately 53.1% to 46.5% compared to the profit of around US$7.47 million for the same period in 2024. The company is still in the process of finalizing its interim results, and the figures are subject to further adjustments. More detailed financial information is expected to be published by the end of August 2025. Shareholders and potential investors have been advised to exercise caution when dealing with the company's shares.

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