KML Technology Group Limited (KML Technology) has alerted shareholders that it expects a loss before tax of no more than HK$12.00 million for the year ended 31 March 2026 (FY2026), reversing the HK$0.10 million profit recorded in FY2025.
The Board attributes the anticipated downturn to a sharp contraction in gross profit to approximately HK$25.00 million. Key pressures include: 1. Revenue decline of roughly HK$53.00 million during FY2026. 2. Additional provisions made for onerous contracts in the period.
The figures are based on unaudited management accounts and may be adjusted when the audited results are released, which the company plans to publish in June 2026. Shareholders and potential investors are advised to exercise caution when dealing in KML Technology’s shares.