INCON issues a profit warning, expecting an annual consolidated loss of approximately HKD 15 million to HKD 20 million

Zhitong
2025.06.24 08:35
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According to the Zhitong Finance APP, INCON announced that the group expects a consolidated loss of approximately HKD 15 million to HKD 20 million for the year ending March 31, 2025, compared to a consolidated loss of HKD 12.9 million for the same period last year. The increase in consolidated loss is mainly due to (including) the accrual of agreed and determined damages for certain foundation engineering projects due to unexpected delays and changes in variable forecasts for projects completed in previous years

According to the Zhitong Finance APP, INCON (01500) announced that the group expects a consolidated loss of approximately HKD 15 million to HKD 20 million for the year ending March 31, 2025, compared to a consolidated loss of HKD 12.9 million for the same period last year. The increase in consolidated loss is mainly due to (including) the accrual of agreed and determined damages for certain foundation engineering projects due to unexpected delays and changes in the variable forecasts of completed projects from previous years

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