Core Viewpoint - Champion Technology Group (00092) expects a consolidated net loss attributable to shareholders of approximately HKD 42 million to 46 million for the year ending June 30, 2025, compared to a loss of about HKD 12 million for the year ending June 30, 2024 [1] Summary by Relevant Categories Financial Performance - The expected loss for the upcoming fiscal year is significantly higher than the previous year's loss, indicating a deteriorating financial outlook for the company [1] - The company recorded a one-time gain of HKD 32.1 million from the disposal of a hotel in Dongguan for the year ending June 30, 2024, which is classified as non-recurring [1] Business Operations - The anticipated losses are attributed to several factors, including a shortage of key components for data centers due to geopolitical issues, which has severely hindered the development of the smart city industry [1] - There has been a significant reduction in revenue and operational performance from the smart city solutions business [1] - The renewable energy business also experienced a notable decline in revenue and operational performance, partly due to the Hong Kong government's indication that the subsidy program for online electricity prices may not be extended beyond 2033, leading to hesitance among investors in renewable energy projects [1]
冠军科技集团发盈警 预期年度股东应占亏损增至约4200万-4600万港元