Rongzun International Holdings Group Limited has alerted shareholders to a sharply wider loss for the financial year ended 31 March 2026. Management’s preliminary, unaudited figures indicate a loss after taxation of approximately HK$34.10 million to HK$36.00 million, compared with a HK$9.50 million loss in FY2025—an escalation of roughly 259%–279%.
The Board attributes the deeper deficit mainly to “significant unanticipated additional costs” tied to off-site works. These overruns were compounded by an accelerated project timeline and extra tasks undertaken without charging supplementary fees, a decision aimed at preserving commercial relationships.
The profit warning constitutes a profit forecast under Rule 10 of the Hong Kong Takeovers Code. Because it was released during an ongoing mandatory conditional cash offer from Mr. Yang Jingyao, the statement must be accompanied by reports from the company’s financial advisers and auditors in the forthcoming composite document to shareholders. The present figures have neither been audited nor reviewed by the audit committee and may be subject to adjustment.
Rongzun International plans to publish its final audited results for FY2026 by end-June 2026. In line with Listing Rule 13.09 and the Securities and Futures Ordinance, the company advises investors to exercise caution when dealing in its shares, citing the preliminary nature of the data and the pending takeover offer.
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