RONGZUN INT'L H Issues Profit Warning, Anticipates FY Loss Widening to HK$34.1-36 Million

Stock News06-15 18:20

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.

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