Lace manufacturer and footwear company Star Shine Holdings Group (HKG:1440) expects a net loss of up to 96 million yuan for the year 2025, wider than 12.8 million yuan a year prior, according to a Monday Hong Kong bourse filing.
The firm attributed the forecast to compliance costs and an impairment loss on property, plant, and equipment in the lace and dyeing business wing; and the recognition of an impairment loss on its investment on and a share of operating loss from a JV operating the CR7(r) LIFE Museum Hong Kong.
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