TOMO Holdings Limited Issues Significant Profit Warning for FY2025

TOMO Holdings Limited (Stock Code: 6928), incorporated in the Cayman Islands and listed on The Stock Exchange of Hong Kong, has released a profit warning for the financial year ended 31 December 2025. This announcement was made in accordance with Rule 13.09 of the Listing Rules and Part XIVA of the Securities and Futures Ordinance, indicating the presence of potentially price-sensitive inside information.

Key Highlights of the Profit Warning

• Expected Net Loss: The Group anticipates recording a net loss of approximately S\$3.7 million for FY2025, representing a significant increase compared to the net loss of S\$2.6 million reported for FY2024.
• Primary Factors for Increased Loss:
  • Higher Travelling and Entertainment Expenses: Travelling expenses increased from S\$0.1 million in FY2024 to S\$0.3 million in FY2025, while entertainment expenses surged from S\$0.1 million to S\$0.6 million. The Board attributes this rise to expanded marketing activities aimed at improving the Group’s business operations.
  • Adverse Foreign Exchange Impact: The Group’s foreign exchange position shifted from a net gain of S\$0.2 million in FY2024 to a net loss of S\$0.3 million in FY2025. These figures mainly reflect foreign exchange differences arising from settlement of foreign currency transactions, translation of monetary assets and liabilities at year-end exchange rates, and fair value gain on investment properties.
• Uncertainties and Further Disclosure: The Company notes that these figures are based on preliminary management accounts and may be subject to adjustments. The results have not yet been audited or reviewed by the audit committee. The final, audited annual results are scheduled for release on 30 March 2026.

Important Information for Shareholders and Investors

• Potential Share Price Impact: The announcement of a larger-than-expected loss is likely to be a material event with potential impact on TOMO Holdings Limited’s share price. Investors should be alert to the increased losses and underlying reasons, especially the operational expenses and foreign exchange volatility.
• Caution Advised: Shareholders and potential investors are strongly advised to exercise caution when dealing in the shares of the Company, pending the release of the audited annual results and further clarification from management.
• Corporate Governance: As of the announcement date, the Board consists of Mr. Lu Yongde (Chairman and Executive Director), Mr. Yuan Qinghua (Executive Director), and independent non-executive directors Mr. Liu Wuhui, Mr. Ma Zhangkai, and Ms. Zhu Xiaoxin.

Conclusion

TOMO Holdings Limited’s profit warning for FY2025 signals increased operational expenditure and exposure to foreign exchange risk, resulting in a substantially higher net loss than the previous year. This announcement is likely to be closely watched by investors and could have a direct bearing on the Company’s share price. All stakeholders are urged to monitor the forthcoming audited results and exercise prudence in trading.

Disclaimer: This article is based on preliminary unaudited information provided by TOMO Holdings Limited and may be subject to further adjustments. Investors should refer to the official audited results and consult their financial advisors before making any investment decisions.

View TOMO HOLDINGS Historical chart here