BAMBOOSHEALTH (02293.HK): Expects Annual Profit to Fall to HKD 6-7 Million
NewTimeSpace News: On 9 September 2026, Bamboos Health Care Holdings Limited (stock code: 02293) issued a profit warning, expecting a net profit attributable to shareholders of approximately HKD 6.0 million to HKD 7.0 million for the year ended 30 June 2026, down significantly from approximately HKD 17.5 million in the year ended 30 June 2025.
The announcement attributed the decline mainly to lower revenue in the institutional healthcare staffing solutions segment, which fell from HKD 35.1 million to approximately HKD 22.0-23.0 million, as the Hong Kong government's imported labour scheme, which brings in nurses and caregivers mainly from mainland China, intensified market competition; higher other losses of approximately HKD 2.0-3.0 million mainly due to exchange differences on foreign currency transactions; and an increase of approximately HKD 2.0-3.0 million in direct costs of the clinic services segment due to higher medication and laboratory expenses. The annual results announcement is expected to be published by the end of September 2026.
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