Tak Ngan Construction (01546.HK): Net Annual Loss Expected to Narrow to No More Than HK$35 Million

NewTimeSpace News: On June 16, 2026, Tak Ngan Construction (01546.HK) issued a profit warning. Based on a preliminary review of unaudited financial information, the company expects to record a net loss of not exceeding HK$35 million for the current year, compared with a loss of approximately HK$51.4 million in the previous year.

The narrowed loss is mainly attributable to higher revenue and gross profit, reduced share of losses from joint ventures, as well as an increase in other income derived from the Construction Industry Innovation and Technology Fund in the current year versus the prior year.

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