Lotus Horizon Flags Loss on Project Delays and Margin Pressure
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Lotus Horizon Holdings Limited (HK:6063) has announced an expected consolidated net loss of approximately HK$3.5 million for the year ending March 31, 2026, a decline from a net profit of HK$3.2 million the previous year. This loss is attributed to a 13.3% revenue drop due to delays in key construction projects and tighter margins amid competitive pressures in the Hong Kong market. The company is finalizing its annual results, which are subject to adjustments before the official release in June 2026. Shareholders are advised to exercise caution in trading.
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