Minghui International (03828) issued a profit warning that profit attributable to shareholders in the medium term was reduced to no less than HK$34 million year-on-year

According to the Zhitong Finance App, Minghui International (03828) issued an announcement. According to a preliminary assessment of the Group's latest unaudited comprehensive management accounts, the Group expects to obtain profit attributable to the owners of the Company not less than HK$34 million for the six months ending June 30, 2026 (this period) (6 months ending June 30, 2025: approximately HK$50.9 million).

The reduction in profit attributable to the company's owners during this period was mainly due to declining gross margin due to increased manufacturing cost pressure on the Group, the effects of fluctuations in the external environment, and intense competition in the industry.