China New Consumption Group Limited released a profit warning indicating an expected consolidated net loss of HK$22.00 million to HK$30.00 million for the financial year ended 31 March 2026. The company recorded a HK$31.00 million net loss in FY2025, implying a modest narrowing at the mid-point of guidance.

The deterioration stems mainly from a sharp downturn in construction contract income, which fell 88.60% to HK$17.90 million from HK$156.20 million a year earlier. In parallel, profitability reversed sharply: FY2026 gross margin is estimated at a gross loss of approximately 104%, versus a positive gross profit margin of roughly 22% in FY2025. Management attributes both movements to the broader property-market slowdown that eroded project values and margins.

The unaudited figures are subject to review. Final results are scheduled for announcement on 23 June 2026. The board advises shareholders and potential investors to exercise caution when trading the company’s securities.