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K W Nelson forecasts HK$2.40 million interim profit, swinging from HK$2.30 million loss

Bulletin Express07-30

K W Nelson Interior Design and Contracting Group Limited released a positive profit alert, indicating a turnaround for the six months ended 30 June 2026.

The Group expects to report a net profit of no less than HK$2.40 million for the period, compared with a net loss of approximately HK$2.30 million a year earlier—an improvement of at least HK$4.70 million.

Management attributes the return to profitability to higher revenue and gross profit generated from design and decoration projects during the first half of 2026.

Figures are based on unaudited consolidated management accounts and have not yet been reviewed by the Company’s audit committee. Full interim results are scheduled for release on 12 August 2026.

The Board advises shareholders and potential investors to exercise caution when dealing in the Company’s shares.

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.

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