---
title: "\"Profit Warning\" BGMC International estimates mid-term loss to expand to 24.4 million ringgit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283255431.md"
description: "BGMC International issued a profit warning, expecting a net loss of approximately 24.4 million Malaysian Ringgit for the six months ending in February, compared to a net loss of 7 million Malaysian Ringgit in the same period last year. The increase in losses is mainly due to additional default compensation costs incurred by projects; additional correction costs and cost overruns from a major construction and structural engineering project, leading to a decline in gross profit margin; a decrease in other income; and no profits from discontinued operations during the period"
datetime: "2026-04-19T13:18:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283255431.md)
  - [en](https://longbridge.com/en/news/283255431.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283255431.md)
---

# "Profit Warning" BGMC International estimates mid-term loss to expand to 24.4 million ringgit

BGMC International (01693.HK) issued a profit warning, expecting a net loss of approximately 24.4 million Malaysian Ringgit for the six months ending in February, compared to a net loss of 7 million Malaysian Ringgit in the same period last year. The increase in losses is mainly due to additional default compensation costs incurred by projects; extra correction costs and cost overruns from a major construction and structural engineering project, leading to a decline in gross profit margin; a decrease in other income; and no profits from discontinued operations during the period

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