BAIJIN LIFE SCI Issues Profit Warning, Anticipates Annual Loss Not Exceeding HK$43 Million
Stock News
Jun 29
BAIJIN LIFE SCI (ASX: 01466) has announced that the group expects to record a loss not exceeding HK$43 million for the financial year ending March 31, 2026. This compares to a loss of approximately HK$100,000 for the year ended March 31, 2025.
The significant increase in the group's loss for the fiscal year ending March 31, 2026, is primarily attributed to the following factors: a reduction in revenue and gross profit, mainly from its jewelry business segment; and an increase in selling expenses, largely from its skincare business segment.
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