Tian Chang Group Holdings Ltd. Issues Profit Warning: Expects Increased Net Loss Due to Higher Tax Expenses

Reuters
30 Jul
Tian Chang Group Holdings Ltd. Issues Profit Warning: Expects Increased Net Loss Due to Higher Tax Expenses

Tian Chang Group Holdings Ltd. has issued a profit warning, announcing that for the six months ended June 30, 2025, the company anticipates recording revenue between HK$250 million and HK$260 million. This reflects an increase of approximately 10% to 14% compared to the HK$227.7 million in revenue during the same period in 2024. Despite the revenue growth, the Group expects to report a loss before tax ranging from HK$8 million to HK$10 million. The board does not foresee any significant changes to the company's exposure to credit or liquidity risk or its financial stability for the rest of the financial year. The information is based on preliminary unaudited management accounts and has not been reviewed by the company's auditor. The final financial results for this period are expected to be announced by the end of August 2025.

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