Asia United Infrastructure Holdings (00711.HK) announced a profit, with the expected annual profit attributable to shareholders not less than HK$120 million, turning losses into profits compared to the previous year.

date
18/06/2026
Wisdom Financial News APP, Asia United Infrastructure Holdings Limited (00711.HK) announced that it is expected to achieve a net profit attributable to shareholders of no less than 120 million Hong Kong dollars for the year ending March 31, 2026, while the company incurred a loss of approximately 274 million Hong Kong dollars for the year ending March 31, 2025. This financial improvement is mainly attributed to the fact that the group did not make significant write-offs of contract assets related to certain projects in the previous year, growth in the group's core business, the recovery of the construction business operations in the current year, and a decrease in financing costs.