Elife Holdings Limited issued an updated profit alert stating that it now anticipates a loss attributable to owners of approximately HK$5.90 million for the fiscal year ended 31 March 2026. This marks a reversal from the HK$1.80 million profit previously disclosed on 18 June 2026.
The downturn stems primarily from a further increase in expected credit-loss provisions on trade and other receivables. Management characterized the adjustment as an accounting measure that does not materially affect the Group’s overall financial position.
The revised figures are based on unaudited management accounts and ongoing discussions with the Company’s auditor. Elife Holdings plans to release its full annual results on 29 June 2026.
Shareholders and potential investors are urged to exercise caution when dealing in the Company’s securities until the audited results are announced.