K.H. GP HLDGS(01557.HK): Expects to Swing to Profit for FY2026 with Profit Capped at HK$142 Million, Mainly Attributable to Deconsolidation Gain of Subsidiary

NewTimeSpace News: K.H. Group Holdings Limited (01557.HK) issued a positive profit forecast on 17 June. The Group is expected to record a net profit of no more than HK$142 million for the financial year ending 31 March 2026, compared with a net loss of approximately HK$58 million in the previous financial year. The turnaround is chiefly driven by around HK$162.297 million gain arising from the deconsolidation of its wholly-owned subsidiary K.H. Foundation Limited. Actual results may differ and shall be subject to the final announcement.

NewTimeSpace News: On 17 June 2026, K.H. Group Holdings Limited (01557.HK) released a positive profit forecast. Based on information currently available, the Group anticipates recording a net profit of not exceeding HK$142,000,000 for the year ended 31 March 2026, versus a net loss of approximately HK$58,000,000 in the prior financial year.

The Board of Directors considers the swing from net loss to net profit is primarily attributable to a deconsolidation gain of roughly HK$162,297,000 recognised in July 2025 upon the Group’s cessation of consolidation of its wholly-owned subsidiary K.H. Foundation Limited. The Company is in the process of preparing its annual results. Information contained in this announcement is based on preliminary review and has not been examined by the independent auditor or audit committee; the actual results may differ materially.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

×
Share to WeChat

Open WeChat, use the "Scan", and share to my Moments.