KIN SHING HLDGS has issued a positive profit alert.

Based on a preliminary review of the group's unaudited consolidated management accounts for the year ended March 31, 2026, and information currently available to the board, the group is expected to record a post-tax consolidated profit of not more than HK$2 million for the period.

This represents a significant improvement compared to the post-tax consolidated net loss of approximately HK$9.5 million reported for the same period last year.

The shift from loss to profit is primarily attributed to two key factors.

Firstly, an impairment loss on expected credit losses of about HK$1 million was provided for this year, a substantial reduction from the approximately HK$13.9 million loss recorded last year.

Secondly, gross profit saw an increase of roughly HK$4.5 million compared to the previous corresponding period.