MOST KWAI CHUNG (01716) has announced a profit alert.

The group anticipates that for the financial year ending March 31, 2026, it will record a consolidated profit attributable to the company's owners of not more than HK$2 million. This compares to a consolidated profit attributable to the company's owners of approximately HK$6.1 million for the corresponding year ended March 31, 2025.

The expected decrease in consolidated profit attributable to owners is primarily attributed to the combined effect of the following factors: the fair value gain from the staged acquisition of a 31% equity interest in To Be Honest Limited recorded in the corresponding year, for which there is no similar gain in the current financial year; and increased staff costs due to the distribution of special bonuses to employees, although part of this impact was offset by a net reversal of impairment losses on trade receivables.