WINOX (06838.HK): Issues Profit Warning, Posts HK$54 Million Loss in First 11 Months of 2025
WINOX announced that for the 11 months ended November 30, 2025, the group recorded an unaudited loss of approximately HK$54 million, a significant expansion compared to the full-year loss of HK$20.329 million in 2024. The loss is mainly attributed to declining revenue due to weak market demand, falling overall gross profit margin amid intensified market competition, and severance compensation arising from the group's workforce streamlining plan.
NewTimeSpace News: WINOX (06838.HK) disclosed the group's recent operating performance to shareholders and potential investors through an announcement on January 8, 2026. According to the announcement, based on the group's unaudited consolidated management accounts for the 11 months ended November 30, 2025, Winox recorded a loss of approximately HK$54 million during the period. Comparative data shows that the group's full-year loss in 2024 was HK$20.329 million, and the loss in the first 11 months of this year has far exceeded the full-year level of last year.
Regarding the reasons for the expanded loss, the announcement clearly outlines three main factors: first, weak market demand has led to a revenue decrease of about 20% compared with the same period last year; second, intensified market competition has resulted in a drop in the overall gross profit margin; third, the group's implementation of a workforce streamlining plan has generated severance compensation expenses of approximately HK$12 million.
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