Moulin Global Eyecare (01716) issues profit warning, with the expected annual net profit attributable to shareholders not exceeding HK$2 million, a decrease compared to the previous year.

China Finance and Economics APP News, Mao Ji Kui Chung (01716) announced that the expected comprehensive attributable net profit of the Group for the year ending March 31, 2026 (current fiscal year) will not exceed HK$2 million, while the comprehensive attributable net profit for the year ending March 31, 2025 (corresponding year) is expected to be approximately HK$6.1 million. The expected decrease in comprehensive attributable net profit is mainly due to the fair value gain on the phased acquisition of 31% of the issued share capital of To Be Honest Limited in the corresponding year, which the Group did not have similar income in the current fiscal year; an increase in employee costs due to the distribution of special bonuses to employees, but part of the impact has been offset by the reversal of the impairment loss on trade receivables(net of).