Grandshores Technology Group Limited (Grandshores) issued a profit warning, projecting a net loss of approximately S$3.00–4.00 million for the financial year ended 31 March 2026. The guidance implies the deficit could more than double versus the S$1.50 million loss reported for the previous fiscal year.

The Board attributed the expected deterioration to three main factors:

1. A decline in awarded tenders for integrated building services and construction projects during the year. 2. A loss on fair-value changes in digital-asset inventories after a fall in Bitcoin prices. 3. Higher foreign-exchange losses stemming from currency fluctuations.

Management noted that the figures are based on preliminary, unaudited accounts and remain subject to further review. The audited annual results are scheduled for release by end-June 2026. Investors are advised to exercise caution when dealing in Grandshores shares until the final numbers are published.