Microware Group Issues Clarification on Profit Warning Amidst Decreased Earnings

TipRanksApr 23 00:37 ET

MICROWARE: CLARIFICATION ON PROFIT WARNING

HKEXApr 23 00:14 ET · Announcements

Microware Group Projects Profit to Drop 52% in Fiscal 2025

MT NewswiresApr 16 04:38 ET

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.

Gelonghui FinanceApr 15 06:51 ET

Express News | Microware Group - Expected Profit for FY2025 Approx HK$18.7 Mln

ReutersApr 15 06:50 ET

MICROWARE: PROFIT WARNING

HKEXApr 15 06:48 ET · Announcements