Tongda Group (00518.HK) issued a profit warning, expecting an annual net loss of approximately HK$14 million to HK$17 million attributable to shareholders, representing an increase compared to the previous year.

- Wisdom Financial News APP updates: Tongdeshi Group (00518.HK) announced that the group is expected to incur a loss of approximately 14 to 17 million Hong Kong dollars for the year ending March 31, 2026, attributable to the owners of the company. This is compared to a loss of about 9.9 million Hong Kong dollars for the year ending March 31, 2025. The expected increased loss for this year is due to a sudden deterioration in the global trade environment since the announcement of new tariff policies by the United States in April 2025, leading to a significant decrease in export sales to the North American market for the group during the current year.