Modern Innovative Digital Technology Company Limited (MODERN INNO DT) expects to report a consolidated net loss of between HK$220.00 million and HK$260.00 million for the financial year ended 31 March 2026, according to a profit-warning filed with the Hong Kong Stock Exchange. The anticipated shortfall is markedly wider than the HK$88.90 million loss recorded in FY 2024/25.

The Board attributes the larger deficit primarily to a sharp rise in provisions for expected credit losses on receivables from clients in its trading and money-lending segments. Management highlighted that several customers, particularly those operating in mainland China, have encountered financial distress amid a subdued economic landscape characterized by prolonged weakness in the property sector, suppressed domestic demand and declining home prices.

For the money-lending portfolio, borrowers’ impaired repayment capacity—linked to falling property values and limited refinancing channels—prompted additional credit-loss allowances. A full provision has also been taken against certain trading clients facing legal claims in China.

The disclosed figures are based on unaudited management accounts and remain subject to audit adjustments. MODERN INNO DT plans to release its audited annual results by the end of June 2026.

Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.