Kingwisoft Technology issues profit alert: FY2026 net loss to contract to no more than RMB150 million

Bulletin Express
Jun 17

Kingwisoft Technology Group Company Limited announced that, based on a preliminary review of its unaudited management accounts, net loss attributable to shareholders for the fiscal year ended 31 March 2026 is expected to be capped at RMB150.00 million, a significant improvement from the RMB207.70 million loss recorded in FY2025.

Management attributed the narrower loss primarily to a one-off factor: the Group’s goodwill was fully impaired as of 31 March 2025, leading to a steep reduction in non-cash impairment charges in the current year.

The figures remain subject to audit and review by the company’s auditor and audit committee. Kingwisoft Technology plans to release its audited annual results by the end of June 2026.

The Board advised shareholders and potential investors to exercise caution when trading the company’s shares pending the formal results announcement.

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