The Golden Leaf International Group (08549) has issued an announcement regarding its financial expectations for the period ending March 31, 2026.

Based on a preliminary assessment of the group's unaudited management accounts and currently available information, the board anticipates that the group will report revenue of approximately HK$155 million for the current fiscal year.

This revenue figure is expected to be broadly similar to the revenue reported for the previous fiscal year ended March 31, 2025.

However, the group forecasts an annual loss ranging between HK$7 million and HK$10 million for the reporting period.

This represents a significant shift from the prior year, which saw an annual profit of approximately HK$14.1 million.

According to the latest information available to the board, this decline in profitability is primarily attributed to two key factors.

Firstly, listing expenses for the reporting year increased by about HK$9.5 million compared to the previous year's figure of roughly HK$1.4 million.

This substantial increase is a direct result of the company's successful listing on the Growth Enterprise Market (GEM) of The Stock Exchange of Hong Kong Limited during the reporting period.

Secondly, employee bonuses, along with other general and administrative expenses, rose by approximately HK$21.4 million from the prior year's level of around HK$12.7 million.

This increase is largely due to initiatives undertaken by the group aimed at further enhancing its operational management capabilities.