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Microware Group Issues Clarification on Profit Warning Amidst Decreased Earnings
MICROWARE: CLARIFICATION ON PROFIT WARNING
Microware Group Projects Profit to Drop 52% in Fiscal 2025
MICROWARE (01985.HK) expects an annual profit reduction of about 51.7%.
On April 15, Gelonghui announced that MICROWARE (01985.HK) expects to record an attributable profit of approximately 18.7 million Hong Kong dollars for the fiscal year ending March 31, 2025, compared to approximately 36.2 million Hong Kong dollars for the same period in 2024 (a decrease of about 51.7%). This decrease is mainly due to the share-based compensation expense of approximately 38.4 million Hong Kong dollars resulting from the share incentive plan adopted on January 16, 2024.
Express News | Microware Group - Expected Profit for FY2025 Approx HK$18.7 Mln
MICROWARE: PROFIT WARNING
What Microware Group Limited's (HKG:1985) 27% Share Price Gain Is Not Telling You
