REF Holdings Limited (1631) announced a profit warning for the year ended 31 December 2025. Based on the company’s preliminary review of its unaudited consolidated management accounts, profit attributable to owners is expected to decrease by approximately 40% to 50% compared to the HK$5.70 million recorded in the prior year, primarily due to reduced revenue.

According to the announcement, the information is based on the company’s unaudited management accounts and has not yet been audited or reviewed. The final audited annual results for 2025 are scheduled to be published on 5 March 2026.

The board will meet on 5 March 2026 to approve these audited results and consider any final dividend recommendations. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.