Rongfengyi Holdings(03683.HK): Estimated attributable loss to shareholders of approximately US$6 million for FY2026, a year-on-year decrease of around 42%

NewTimeSpace News: On June 11, 2026, Rongfengyi Holdings(03683.HK) issued a profit warning. Based on a preliminary review of the unaudited consolidated management accounts for FY2026, the company expects to record a loss attributable to shareholders of no less than approximately US$6 million, representing a decrease of about 42.3% compared with US$10.4 million in FY2025.

The substantial reduction in loss is mainly attributable to the following factors: gross profit turned around from a gross loss of around US$1.1 million to a gross profit of about US$400,000, marking a turnaround of US$1.5 million; losses arising from the disposal of property, plant and equipment decreased by approximately US$2.4 million; and a write-back of impairment losses on property, plant and equipment of around US$2.1 million was recognised.

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