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Sincere Co. Ltd. ( (HK:0244) ) has shared an update.
The Sincere Company, Limited has warned shareholders and potential investors that it expects to report a significantly wider net loss attributable to shareholders of HK$63 million to HK$65 million for the year ended 31 December 2025, compared with a loss of about HK$40.1 million a year earlier. The deterioration is primarily linked to the absence of a one-off gain of roughly HK$30.6 million from a property disposal recorded in 2024, even as 2025 revenue edged up to about HK$134.2 million and cost controls reduced general and administrative expenses and finance costs, partially offsetting pressure on profitability.
According to the company’s unaudited management accounts, gross profit fell by about HK$5.6 million to HK$63.6 million despite the modest revenue increase, underscoring persistent margin challenges in its core operations. The company is finalising its audited 2025 results, due by 27 March 2026, and has urged investors to exercise caution when dealing in its shares, as the expected loss signals ongoing operational headwinds despite some progress in trimming expenses and interest costs.
More about Sincere Co. Ltd.
The Sincere Company, Limited is a Hong Kong-incorporated company listed on the Stock Exchange of Hong Kong. It operates through a group structure focused on retail and related commercial activities, serving the Hong Kong market under a longstanding local brand presence.
Average Trading Volume: 378,230
Technical Sentiment Signal: Buy
Current Market Cap: HK$427M
See more data about 0244 stock on TipRanks’ Stock Analysis page.