Core Insights - The company, Easy Life Holdings (00223), anticipates a significant decline in gross profit and an increase in losses for the fiscal year ending March 31, 2025, compared to the previous fiscal year [1] Financial Performance - The projected gross profit for the year ending March 31, 2025, is approximately HKD 15.9 million, a decrease from HKD 31.9 million for the year ending March 31, 2024 [1] - The expected loss attributable to shareholders for the year ending March 31, 2025, is around HKD 98 million, compared to a loss of HKD 32 million for the year ending March 31, 2024 [1] Reasons for Financial Changes - The decrease in gross profit is primarily due to the company's strategic expansion of its supply chain business and the decision to offer volume-based rebates to certain brand promotion clients, leading to increased sales costs [1] - The increase in losses is attributed to several factors: 1. A one-time loss of approximately HKD 40.6 million from the sale of the company's stake in Admiral Glory Global Limited 2. An anticipated increase in credit loss provisions for trade and other receivables 3. Impairment losses and write-offs related to property, plant, and equipment, as well as right-of-use assets 4. Increased sales expenses due to additional brand promotion activities and higher sales personnel compensation [1]
易生活控股(00223)发盈警 预期年度股东应占亏损约9800万港元