Sun Hing Holdings (01472.HK): Profit Warning, Expected Pre-tax Annual Loss Widens to No More Than HK$13 Million

NewTimeSpace News: Sun Hing Holdings issued a profit warning on June 18, expecting a pre-tax loss of no more than HK$13 million for the year ended 31 March 2026, representing a widening from the previous year’s loss of approximately HK$7 million.

NewTimeSpace News: On 18 June 2026, Sun Hing Holdings (01472.HK) released a profit warning. Based on information available to the Board and preliminary review of the Group’s unaudited consolidated management accounts for the year ended 31 March 2026, the Group expects to record a pre-tax loss of no more than HK$13 million for the current year, compared with a pre-tax loss of around HK$7 million for the year ended 31 March 2025.

The Board attributes the enlarged loss mainly to higher staff costs included in administrative expenses, as well as additional costs incurred for bidding for new tender projects of the Hong Kong Government.

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