Winshine Science Company Limited (stock code: 00209) expects to post a loss attributable to owners of up to HK$95.00 million for the year ended 31 December 2025, compared with a HK$73.00 million loss in FY2024, according to a profit-warning announcement released on 12 March 2026. The projected shortfall represents an anticipated year-on-year deterioration of roughly 30%.

Management cited two principal factors for the deeper loss:

1. Higher U.S. tariffs on Chinese imports during the first half of FY2025, which triggered a sustained decline in order volumes from U.S. customers and sharply reduced gross profit from that market.

2. Rising labour expenses on the Mainland, including increases in minimum wages and social-insurance contributions.

The figures are based on unaudited management accounts; the audited FY2025 results are scheduled for release by the end of March 2026. The board urged shareholders and potential investors to exercise caution when trading the company’s shares.