China HK Power Smart Energy Group Limited issued a profit warning for the fiscal year ended 31 March 2026 (FY2026), projecting a loss attributable to owners between HK$130.00 million and HK$160.00 million. The anticipated shortfall exceeds the HK$106.00 million loss recorded in FY2025.

Management cited two primary factors behind the deeper deficit:

1. Margin compression in the Group’s mid-stream natural gas trading business amid gradual and uncertain domestic economic recovery and intensified market competition.

2. Suspension of one terminal natural-gas station to accommodate government road-modification works. The facility contributed roughly HK$40.00 million in gross profit in FY2025 but generated no contribution in FY2026. Operations are expected to resume in 2028 following completion of the public works.

Despite higher overall sales volume and tighter expense controls during the period, these headwinds outweighed operational improvements. The company is finalising its FY2026 audited results, scheduled for release by end-June 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.