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Microware Group Issues Clarification on Profit Warning Amidst Decreased Earnings

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Microware Group Issues Clarification on Profit Warning Amidst Decreased Earnings

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Microware Group Ltd. ( (HK:1985) ) just unveiled an announcement.

Microware Group Limited has issued a clarification on its profit warning, indicating a significant decrease in profit before taxation for the year ended March 31, 2025, compared to the previous year. The decrease is primarily due to share-based compensation expenses related to a share award scheme. The company is still finalizing its annual results and advises caution to shareholders and potential investors regarding the profit warning, as it does not meet the standard required by the Takeovers Code.

More about Microware Group Ltd.

Microware Group Limited is a company incorporated in the Cayman Islands, operating in the technology sector. It provides a range of services and products, focusing on IT solutions and systems integration.

YTD Price Performance: 5.69%

Average Trading Volume: 258,553

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$390M

Learn more about 1985 stock on TipRanks’ Stock Analysis page.

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