Easy Smart Group (HKG:2442) expects a loss of between HK$500,000 and HK$5 million for the year ended June 30, compared with a profit of HK$35.8 million a year prior, a Wednesday Hong Kong bourse filing said.

The construction engineering company attributed the forecast to higher subcontractor fees, a lower profit margin for new tender projects, and the write-off of a trade receivable.