KIN SHING HLDGS issued a profit warning, expecting the annual net loss after tax to narrow to no more than HKD 10 million year-on-year

Zhitong
2025.06.26 14:31
portai
I'm PortAI, I can summarize articles.

KIN SHING HLDGS issued a profit warning, expecting an annual net loss after tax not to exceed HKD 10 million for the year ending March 31, 2025, a decrease compared to approximately HKD 43.8 million for the same period last year. The reduction in losses is attributed to an increase in net income from trading and investment activities, a decrease in impairment losses for expected credit losses, and a decline in gross profit due to fluctuations in the construction market