YGM TRADING (ASX: 00375) has issued a profit warning, indicating that the company expects to record a consolidated net loss attributable to shareholders not exceeding HK$40 million for the fiscal year ending March 31, 2026 (FY2026).
This compares to a loss attributable to shareholders of approximately HK$24 million for the previous fiscal year ended March 31, 2025.
The board of directors attributes the anticipated increase in loss for the 2026 fiscal year primarily to a fair value loss on investment properties and an impairment loss on intangible assets.