Baijin Life Science(01466.HK): Profit Warning, Expected Annual Loss Widens to No More Than HK$43 Million

NewTimeSpace · 2026/06/30 08:11 · By Xuran Lin

NewTimeSpace News: Baijin Life Scienceissued a profit warning on June 29, expecting to record a loss of no more than HK$43 million for the year ended March 31, 2026, representing a substantial widening from the prior year’s loss of approximately HK$100,000.

NewTimeSpace News: On June 29, 2026, Baijin Life Science(01466.HK) released a profit warning. Based on an initial assessment of the Group’s unaudited consolidated management accounts, the Company anticipates incurring a loss of no more than HK$43 million for the year ended March 31, 2026, as compared with a loss of around HK$100,000 registered in the preceding financial year.

The Board attributes the significant rise in loss mainly to decreased revenue and gross profit from the jewellery business segment, coupled with higher selling expenses incurred by the skincare business segment.

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