RONGZUN INT'L (01780) issued a profit warning, expecting annual after-tax losses to increase to approximately HK$34.1 million to HK$36 million, compared to the previous year.
Rongzun International Holdings (01780) announced that it is expected to record a net loss of approximately HK$34.1 million to HK$36 million for the year ending March 31, 2026 (this year), while the net loss for the year ending March 31, 2025 was approximately HK$9.5 million.
RONGZUN INT'L H(01780) released an announcement, expecting the group to record a tax-loss of approximately HK$34.1 million to HK$36 million for the year ending March 31, 2026 (current year); compared to a tax-loss of approximately HK$9.5 million for the year ending March 31, 2025.
The expected loss for the current year has expanded mainly due to unexpected additional costs incurred in on-site engineering projects. Additionally, project deadlines are tight and workloads have increased. In order to maintain business cooperation relationships, the group has not charged additional fees for this.
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