--- title: "【Company Profit Warning】TWINTEK expects to incur a loss of up to 27 million yuan for the entire fiscal year" type: "News" locale: "en" url: "https://longbridge.com/en/news/289308987.md" description: "TWINTEK issued a profit warning, expecting to turn from profit to loss for the full year ending March this year, with a consolidated net loss ranging from HKD 23 million to HKD 27 million. The company pointed out that the main reasons for the loss include a decrease in project contract amounts leading to a decline in revenue, additional costs arising from the completion of certain supply and installation projects, and property impairment caused by the decline in the market value of industrial buildings" datetime: "2026-06-10T10:02:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289308987.md) - [en](https://longbridge.com/en/news/289308987.md) - [zh-HK](https://longbridge.com/zh-HK/news/289308987.md) --- # 【Company Profit Warning】TWINTEK expects to incur a loss of up to 27 million yuan for the entire fiscal year According to a report from Economic Information Agency on the 10th, TWINTEK (06182) issued a profit warning, expecting to turn from profit to loss for the full year ending in March this year, with a consolidated net loss estimated between HKD 23 million and HKD 27 million, compared to a net profit of approximately HKD 1.3 million in the same period last year. The company believes that the main reason for the expected turnaround from consolidated net profit to consolidated net loss is the decrease in the contract amount for awarded projects, leading to a reduction in group revenue; additional costs incurred as certain supply and installation projects enter the completion stage; and property impairment due to the decline in the market value of industrial buildings. (rh) ### Related Stocks - [06182.HK](https://longbridge.com/en/quote/06182.HK.md) ## Related News & Research - [Century Energy says auditor switch follows FY2026 fee dispute, taps lower-cost Suya at HK$780,000](https://longbridge.com/en/news/290928002.md) - [Warren Buffett Bought A Business For $1.7B ‘Over The Phone Without Ever Meeting The People There’ Using The ‘Most Valuable Skill’ He Learned](https://longbridge.com/en/news/290968916.md) - [Royal Mail sees annual earnings tumble as employee costs surge](https://longbridge.com/en/news/290555520.md) - [Parker Hannifin Stock And 2 Industrial Conglomerates Backed By Quality Cash Flows](https://longbridge.com/en/news/291037366.md) - [Unibail-Rodamco-Westfield completes de-stapling, leaving SE as sole Euronext Paris listing](https://longbridge.com/en/news/290784967.md)