KS SMART MGMT (08181) Issues Profit Warning, Expects Interim Net Loss of Approximately HK$29.3 Million

Stock News2025-11-14

KS SMART MGMT (08181) announced that the group is expected to record a net loss attributable to shareholders of approximately HK$29.3 million for the six months ended September 30, 2025, compared to a loss of about HK$4.6 million in the same period last year.

The increase in losses was primarily due to a revenue decline of approximately HK$14.3 million, mainly driven by reduced property management contracts, leading to a corresponding decrease in gross profit of around HK$8.2 million. Additionally, the group incurred one-time employee costs of about HK$16 million related to the establishment of its smart monitoring system center, which commenced operations in June 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment