RONGZUN INT'L H (01780) has issued a profit alert announcement.
The group anticipates recording a post-tax loss in the range of approximately HK$34.1 million to HK$36 million for the fiscal year ending March 31, 2026.
This contrasts with a post-tax loss of about HK$9.5 million for the previous fiscal year ended March 31, 2025.
The primary factors contributing to the expected significant widening of the loss are substantial unforeseen additional costs incurred from on-site and off-site engineering works.
Furthermore, due to urgent project timelines and increased workloads on related projects, the company chose not to charge additional fees in order to maintain its business relationships, which also impacted the financial performance.
Comments