Core Viewpoint - The company expects a significant increase in net loss to approximately HKD 30 million for the six months ending June 30, 2025, compared to a loss of about HKD 12 million for the same period ending June 30, 2024 [1] Financial Performance - The anticipated performance decline is primarily attributed to a substantial revenue drop of around 70% due to a significant reduction in order volume from major clients in the US and Europe, driven by changes in client procurement strategies and broader macroeconomic challenges [1] - The company's gross margin has decreased, influenced by ongoing inflationary pressures on supply chain and subcontractor pricing, despite a strategic shift to Southeast Asia [1] - There has been a reduction in sales volume of higher-margin children's clothing, contributing to the overall financial downturn [1] Operational Challenges - The company is facing idle costs associated with its Heshan facility, which, as previously announced on May 24, 2024, will not handle any further production orders after completing existing ones in May 2024 [1]
恒富控股(00643)发盈警，预期中期取得大幅扩大的净亏损约3000万港元