SHUN WO GROUP (01591) announced that the Group anticipates recording a net loss of approximately HKD 15 million to HKD 18 million for the six months ending September 30, 2025, compared to a net loss of around HKD 5 million in the same period in 2024.

The Board attributes the increase in the consolidated net loss primarily to the following factors: (i) intensified competition in the foundation engineering sector leading to reduced profit margins; (ii) decreased interest income from bank deposits and lower project management fee income; (iii) higher impairment losses on financial assets and contract assets; and (iv) increased administrative and other operating expenses.