EFT SOLUTIONS (HKEX: 08062) has announced that the group expects to record a post-tax net profit of approximately HK$2.8 million for the year ending March 31, 2026. This compares to a post-tax net profit of about HK$5.6 million for the previous year ended March 31, 2025.

The board of directors attributes this anticipated decline primarily to the combined effect of several factors. Revenue and gross profit from the sales of electronic payment terminals and peripheral equipment, as well as from the provision of system support and software solutions services, have decreased due to the economic downturn and intense market competition. This decrease was partially offset by a one-time impairment loss on goodwill recognized for the group's Macau, China operations in the year ended March 31, 2025.