CHAMPION TECH Issues Profit Warning, Expects Annual Loss Attributable to Shareholders of Approximately HK$81 Million to HK$87 Million
Stock News
Sep 25
CHAMPION TECH (00092) has issued an announcement that the group expects to record a loss attributable to owners of the company of approximately HK$81 million to approximately HK$87 million for the year ended 30 June 2026 (subject to review and audit by the company's independent external auditor), compared with a loss attributable to owners of the company of approximately HK$44 million for the year ended 30 June 2025.
The expected further increase in the loss attributable to owners of the company is mainly attributable to an increase of approximately HK$7 million in expected credit losses following the completion of the assessment, as well as an impairment of approximately HK$22 million on accounts receivable.
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