WAN KEI GROUP expects the annual net loss attributable to shareholders to not exceed HKD 30 million
I'm LongbridgeAI, I can summarize articles.WAN KEI GROUP announced that it expects the net loss attributable to shareholders for the year ending March 31, 2026, to not exceed HKD 30 million, a decrease from approximately HKD 51.43 million in the previous year. The narrowing of the loss is mainly attributed to the high gross profit contribution from large-scale foundation construction projects and a reduction in general and administrative expenses
According to the announcement from WAN KEI GROUP (01718), the group expects to incur a net loss attributable to shareholders of no more than HKD 30 million for the year ending March 31, 2026, compared to a net loss attributable to shareholders of approximately HKD 51.43 million for the year ending March 31, 2025. The expected decrease in net loss attributable to shareholders is mainly due to a large-scale foundation construction project contributing higher gross profit, as well as a reduction in general and administrative expenses