Tung Lok Restaurants announces net loss for H1 2025
The unaudited financial results are set to be released on or before 14 November.
Tung Lok Restaurants has announced in a bourse filing that the group is expected to incur a net loss for the 6 months ended 30 September 2024 (H1 2025) compared to a net profit for the 6 months ended 30 September 2023 (H1 2024).
The net loss for H1 2025 is due to the decrease in the group’s revenue as a result of the challenging economic environment, which has affected overall sales.
The company is finalising its unaudited financial results for HY2025.
Further details of the group’s financial performance will be disclosed when the unaudited financial results are released on or before 14 November.