FAIRWOOD HOLD issued a profit warning, expecting the annual profit attributable to shareholders to decrease by no more than 30% year-on-year

FAIRWOOD HOLD issued a profit warning, expecting that the annual profit attributable to shareholders for the year ending March 31, 2025, will decrease by no more than 30% year-on-year, falling to approximately HKD 50.7 million. The decline is attributed to trends in Hong Kong residents' outbound consumption, economic weakness, and intensified price competition. The group has implemented strategies to address market challenges, including promotional activities, brand revitalization, and digital transformation, to enhance customer loyalty and operational efficiency while fulfilling corporate responsibilities and strengthening competitive advantages