Published:
Tung Lok warns of net loss for FY2025 on weaker sales
H2 profits were not sufficient to offset the losses recorded in H1.
Tung Lok Restaurants Limited warned of a net loss for the financial year ended 31 March 2025 (FY2025).
In its preliminary review of its unaudited financial results, the company attributed the loss to a decline in the group’s revenue, arising from the challenging economic environment, which has affected overall sales.
The group's net profit in H2 2025 would also not be sufficient to offset the net losses in H1 2025.
The company is finalising its unaudited financial results and will disclose further details when on or before 30 May 2025.
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