Polyfair expects FY net loss of HK$44.5 million-HK$54.5 million, narrower than prior year
I'm LongbridgeAI, I can summarize articles.Polyfair Holdings forecasts a FY2026 net loss of HK$44.5 million to HK$54.5 million, significantly narrower than the HK$133.1 million loss in FY2025. The improvement is attributed to lower project costs, reduced manpower restructuring impacts, and fewer subcontractor disruptions compared to the prior year. While impairment losses are expected to rise to at least HK$34 million, finance and administrative costs are projected to decrease.
- Polyfair forecast a FY2026 net loss of HK$44.5 million to HK$54.5 million, versus a HK$133.1 million loss in FY2025. * Expected gross loss narrowed to about HK$0.1 million from HK$83.3 million, reflecting lower project costs. * Impairment losses under the expected credit loss model seen at no less than HK$34 million, up from HK$23 million. * Finance costs guided at no less than HK$5.2 million, down from HK$8.5 million; administrative expenses no less than HK$11 million, down from HK$20.3 million. * Loss narrowing driven by prior-year manpower restructuring, fewer project disruptions versus FY2025 subcontractor withdrawals that lifted labor costs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Polyfair Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260626-12218914), on June 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)