MANSHING GLOBAL (08309) Issues Profit Warning; Expects Interim Profit After Tax of Approximately HK$100,000, a Year-on-Year Decrease

MANSHING GLOBAL (08309) Issues Profit Warning; Expects Interim Profit After Tax of Approximately HK$100,000, a Year-on-Year Decrease MANSHING GLOBAL (08309) announced that the Group is expected to record a profit after tax of approximately HK$100,000 for the six months ended 30 September 2026, compared to a profit after tax of approximately HK$900,000 for the six months ended 30 September 2025. Based on information available to the Company immediately prior to the publication of this announcement, the Board considers that the decrease in the Group's profit after tax for the reporting period was primarily attributable to a decline in gross profit margin, which was caused by intensified competition for certain government contracts, with some market participants adopting aggressive and commercially unsustainable pricing.