CHI KAN HLDGS (09913) Issues Profit Warning, Expects Interim Net Profit to Drop Significantly to Approximately HK$5.7 Million
Stock News
Nov 19, 2025
CHI KAN HLDGS (09913) announced that its net profit for the six months ending September 30, 2025, is expected to be approximately HK$5.7 million, a significant decrease compared to the HK$31.4 million recorded in the same period last year. Although the group's e-commerce business continued to grow, its construction segment incurred losses. Consequently, the group's overall profit declined substantially due to the following factors: the weak construction market environment in Hong Kong led to fewer private and public projects undertaken, resulting in reduced revenue; and increased labor costs compared to the previous year, which lowered the profit margin of the group's construction projects.
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