Junming International (08062.HK) issues profit warning, expecting annual post-tax profit to decrease to approximately HK$2.8 million.

Wisdom Financial News APP, Junwei International (08062.HK) announced that the group is expected to achieve a net profit after tax of approximately HK$2.8 million for the year ending March 31, 2026, while the net profit after tax for the year ending March 31, 2025 is expected to be approximately HK$5.6 million. The board of directors believes that the expected changes are mainly attributable to the comprehensive impact of the following factors: the decrease in revenue and gross profit from the group's sales of electronic payment terminals and peripheral equipment, as well as the provision of system support and software solutions services, due to economic downturn and intense competition, offset by a one-time impairment loss on goodwill recognized for the group's business in Macau, as of March 31, 2025.