MADISON H-NEW has announced a profit alert. Based on a preliminary review of the group's unaudited consolidated management accounts for the year ended March 31, 2026, the company expects to record a net loss attributable to its owners for the year in the range of approximately HKD 17 million to HKD 20 million.
This compares to a net loss of about HKD 15.2 million attributable to owners for the corresponding period in 2025. The anticipated increase in the annual loss is primarily attributed to a rise in the expected credit losses on loans and interest receivables.