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2026-06-10 17:34:20 ZCLOUD TECH CON (09900.HK) issued a profit warning, expecting to record a profit of not less than HK$6.5 million for the year ended 31 March 2026 as compared with the profit of approximately HK$31.1 million recorded for the year ended 31 March 2025. Such expected decrease in profit is mainly due to the combined effect of the decrease in revenue and gross profit margin derived from provision of building construction services, resulting from the additional costs incurred for additional works performed during the finalisation and maintenance period of certain projects; the increase in material costs; the decrease in fair value of financial assets at fair value through profit or loss; the decrease in share of result of an associate; and the decreases in administrative expenses and impairment losses under expected credit loss model, net of reversal during the year. ~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |