KIN SHING HLDGS Reports Annual Profit Turnaround to HK$1.724 Million

Stock News06-30 22:16

KIN SHING HLDGS (ASX: 01630) has announced its annual results for the year ended March 31, 2026. The group recorded revenue of HK$768 million, representing a 12.6% decrease compared to the previous year.

However, profit attributable to the company's owners was HK$1.724 million, marking a significant turnaround from a loss in the prior corresponding period. Basic earnings per share stood at 0.11 Hong Kong cents.

According to the announcement, the decrease in revenue for 2026 was primarily due to overall market volatility in the industry and the completion of several sizable contracts. Delays in the certification process for main contractors also contributed to the decline.

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