Kingwell Group (01195) has issued a profit warning, projecting a net loss for the fiscal year ended June 30, 2026. Based on a preliminary assessment of the group's unaudited consolidated management accounts, the company expects to report a net loss ranging from approximately RMB 6 million to RMB 12 million, a significant increase compared with the net loss of around RMB 1.95 million recorded in the prior fiscal year ended June 30, 2025.

The enlarged loss is primarily attributable to inventory impairment and goodwill impairment charges related to the group's Xuzhou operations during the current year. The company noted that these figures have not yet been reviewed by the audit committee or the external auditors, and may be subject to revision and adjustment following further review. The annual results for the current fiscal year are scheduled to be published on September 28, 2026.