EASY SMART GP (02442) Issues Profit Warning, Expects Annual Consolidated Loss of Approximately HK$0.5-5 Million

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EASY SMART GP (02442) announced that the group expects to record a consolidated loss and total comprehensive income of approximately HK$0.5-5 million for the year ending June 30, 2025, compared to a consolidated profit and total comprehensive income of approximately HK$35.8 million for the same period in 2024.

According to the announcement, the decline in performance is mainly attributed to: (i) an increase of approximately HK$33.4 million in subcontractor costs due to certain clients requesting acceleration of progress on some project works; (ii) reduced profit margins on new tender projects undertaken by the group during the year; and (iii) a write-off of approximately HK$2 million in trade receivables from a client who was ordered by the High Court to be wound up in March 2025.

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(ii) reduced profit margins on new tender projects undertaken by the group during the year; and (iii) a write-off of approximately HK$2 million in trade receivables from a client who was ordered by the High Court to be wound up in March 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1148","symbol_name":"建筑与工程","start_time":0,"source_url":"","article_id":"1112392495","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112392495","pubTimestamp":1758106222,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"EASY SMART GP (02442) announced that the group expects to record a consolidated loss and total comprehensive income of approximately HK$0.5-5 million for the year ending June 30, 2025, compared to a...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1148":"建筑与工程","02442":"怡俊集团控股"},"translate_title":"EASY SMART GP(02442)发盈警，预计全年综合亏损约0.5-500万港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02442":1},"content_text":"EASY SMART GP (02442) announced that the group expects to record a consolidated loss and total comprehensive income of approximately HK$0.5-5 million for the year ending June 30, 2025, compared to a consolidated profit and total comprehensive income of approximately HK$35.8 million for the same period in 2024.\nAccording to the announcement, the decline in performance is mainly attributed to: (i) an increase of approximately HK$33.4 million in subcontractor costs due to certain clients requesting acceleration of progress on some project works; 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