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Microware Group Issues Profit Warning Amid Share-Based Compensation Impact

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Microware Group Issues Profit Warning Amid Share-Based Compensation Impact

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An announcement from Microware Group Ltd. ( (HK:1985) ) is now available.

Microware Group Limited has issued a profit warning, indicating a significant decrease in profits for the year ending March 31, 2025, compared to the previous year. The decrease is primarily attributed to share-based compensation expenses related to a share award scheme. The company is in the process of 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 Hong Kong Code on Takeovers and Mergers.

More about Microware Group Ltd.

Microware Group Limited is a company incorporated in the Cayman Islands, operating within the technology sector. The company, along with its subsidiaries, is focused on providing IT solutions and services.

YTD Price Performance: 5.69%

Average Trading Volume: 211,265

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$390M

See more insights into 1985 stock on TipRanks’ Stock Analysis page.

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