Yurun Food: Expected loss of approximately 70 million Hong Kong dollars in 2025

2026-03-17 15:11:59

Beijing Business Daily (Reporter Tao Feng, Wang Yuetong) reported that on March 17, RY Food announced that it expects to record a loss of approximately HKD 70 million for the fiscal year ending December 31, 2025, compared to about HKD 36 million in 2024.

The announcement stated that the main reasons for the increased loss include the non-recurring lease debt write-down and debt repayment gains of approximately HKD 117 million recognized last year; a reduction of approximately HKD 36 million in deductible VAT write-downs; and decreases in property, plant, and equipment write-downs and impairment losses.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.