永嘉集团(03322)发盈警 预期2025年度除税后亏损约1.8亿港元

Core Viewpoint - Yongjia Group (03322) anticipates a post-tax loss of approximately HKD 180 million for the fiscal year ending December 31, 2025, compared to a post-tax loss of HKD 62 million for the fiscal year ending December 31, 2024 [1] Group 1: Financial Performance - The anticipated post-tax loss for the current year includes a loss of approximately HKD 20 million from continuing operations (2024: HKD 26 million) and a loss of approximately HKD 160 million from discontinued operations (2024: HKD 36 million) [1] - The estimated post-tax loss is primarily attributed to a prolonged downturn in the Hong Kong and mainland China markets, leading to weak consumer demand and significant challenges in the high-end fashion retail business [1] Group 2: Business Strategy - The board has decided to terminate the high-end fashion retail business after a comprehensive strategic review and will reallocate resources to develop a new business segment, "Fashion Brands and Specialty Business," which is expected to have stronger growth prospects and improved profitability [1] - The operating loss from the terminated high-end fashion retail business is approximately HKD 156 million (2024: operating loss of HKD 29 million), mainly due to goodwill impairment of approximately HKD 80 million and inventory and property, plant, and equipment impairment of approximately HKD 55 million, all of which are non-cash items [1] Group 3: Other Business Segments - The operating profit from the new business segment "Fashion Brands and Specialty Business" is approximately HKD 66 million (2024: operating loss of HKD 34 million) [2] - The operating loss from the sportswear production business is approximately HKD 26 million (2024: operating profit of HKD 16 million), primarily due to raw material issues faced by the group's Southeast Asian production facilities during the first half of the year, leading to higher-than-expected production and transportation costs [2] - The operating loss from the high-performance outdoor apparel production business is approximately HKD 8 million (2024: operating profit of HKD 38 million), mainly due to strategic adjustments aimed at reducing reliance on outsourced garment manufacturers while gradually increasing internal capacity, which has temporarily decreased revenue [2]