Khoon Group Limited (the “Company”) announced a profit warning, indicating an expected net loss attributable to its owners of not more than approximately S$23.00 million for the six months ended 31 December 2025. This figure contrasts with a net profit attributable to its owners of around S$0.20 million for the same period in 2024.

The Company attributed the expected loss primarily to an increase in the impairment loss of contract assets. The figures are based on preliminary unaudited information and remain subject to finalization and review. The Company intends to release its interim results by the end of February 2026 and advised shareholders and potential investors to exercise caution when dealing in its securities.