KIN SHING HLDGS (01630) announced that the Group is expected to achieve a post-tax consolidated net profit of no more than HK$1 million for the six months ending September 30, 2025 (the current period), compared to a post-tax consolidated net profit of approximately HK$9.5 million in the same period last year. The Board attributes the expected decline in consolidated net profit primarily to an impairment loss of about HK$13.2 million under the expected credit loss model during the current period, whereas the loss was approximately HK$1.1 million in the previous year.
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