盈利时发盈警，预期2025年前11月净亏损约5400万港元

Core Viewpoint - The company reported a loss of approximately HKD 54 million for the 11 months ending November 30, 2025, compared to a loss of HKD 20.329 million for the entire year of 2024 [1] Financial Performance - Revenue decreased by approximately 20% year-on-year due to weak demand [1] - Overall gross margin declined due to intense market competition [1] - The company incurred a severance compensation of approximately HKD 12 million related to a workforce reduction plan [1]