--- title: "AEC GROUP issues a profit warning, expecting an annual loss attributable to shareholders of approximately HKD 9.6 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/244288350.md" description: "AEC GROUP issued a profit warning, expecting a loss attributable to shareholders of approximately HKD 9.6 million for the year ending March 31, 2025, compared to a profit of approximately HKD 600,000 for the same period in 2024. The reasons for the loss include a decline in revenue and gross margin, increased employee costs, an increase in provisions for receivables impairment, and expenses related to overseas business expansion. The decline in revenue is mainly due to a decrease in average charges for new contracts and project delays caused by market conditions" datetime: "2025-06-12T15:08:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244288350.md) - [en](https://longbridge.com/en/news/244288350.md) - [zh-HK](https://longbridge.com/zh-HK/news/244288350.md) --- # AEC GROUP issues a profit warning, expecting an annual loss attributable to shareholders of approximately HKD 9.6 million According to the announcement from Dolphin Research, AEC GROUP (08320) expects to incur a loss attributable to shareholders of approximately HKD 9.6 million for the year ending March 31, 2025, while for the year ending March 31, 2024, it expects to achieve a profit attributable to shareholders of approximately HKD 600,000. The shift from profit to loss is mainly due to a decline in revenue and gross profit margin; increased employee costs to retain talent; an increase in impairment provisions for other receivables; and development expenses for overseas business expansion. The decline in revenue and gross profit margin is primarily due to a decrease in average charges for new contracts awarded this year and project delays caused by the current market atmosphere ### Related Stocks - [08320.HK](https://longbridge.com/en/quote/08320.HK.md) ## Related News & Research - [Amerigo Resources reaches 3-year collective deal with MVC supervisors union](https://longbridge.com/en/news/287211094.md) - [Europe-China spacecraft launches to study Earth's 'invisible armour'](https://longbridge.com/en/news/286881963.md) - [DKV launches charging card for electric trucks](https://longbridge.com/en/news/287184232.md) - [Ireland steps up dairy trade promotion in Việt Nam](https://longbridge.com/en/news/287234423.md) - [Singapore and French start-ups win big at The Liveability Challenge with scalable green solutions](https://longbridge.com/en/news/287214413.md)