WING CHI HLDGS (06080) announced that the Group is expected to record a net comprehensive loss attributable to shareholders of not less than approximately HK$13.3 million for the six months ended September 30, 2025, compared to a net profit attributable to shareholders of approximately HK$4.6 million for the same period in 2024.

The Board attributes the shift from profit to net loss primarily to the following factors: 1. Significant losses incurred in multiple foundation and site formation projects due to intensified pressure on revenue recognition, stemming from clients' increasingly stringent revenue approval processes. 2. Additional resources required to address unforeseen geological conditions and site constraints encountered during construction. 3. Delays in the handover of designated work areas and client-requested changes in construction methods, collectively reducing operational efficiency.

The decline in gross profit margins was mainly driven by heightened competitive pressures in the foundation and site formation sector, exacerbated by widespread downward pressure on contract prices for both public and private sector projects amid a generally weak economic environment.