
LANDRICH HLDG issued a profit warning, expecting the annual net profit attributable to shareholders to decrease to approximately HKD 13 million to 14 million

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LANDRICH HLDG issued a profit warning, expecting the annual profit attributable to company owners for the year ending March 31, 2025, to decrease to approximately HKD 13 million to HKD 14 million, a significant decline from HKD 26.1 million in the same period of 2024. The board pointed out that the decrease in profit is mainly due to a decline in gross profit margin, attributed to lower gross profit margins on subcontracted projects and lower expected profit margins on newly undertaken main contracting projects
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