FUJIKON IND Issues Profit Warning, Anticipates Annual Loss Attributable to Shareholders Between HK$23.3 Million and HK$29 Million

Stock News
Jun 02

The company has announced a preliminary forecast for its financial results.

Based on an initial assessment of the group's unaudited consolidated management accounts for the year ending March 31, 2026, and the information currently available to the board, the group expects the loss attributable to the company's equity holders for the current year to be between approximately HK$23.3 million and HK$29 million.

This compares to a loss of about HK$36.1 million for the previous year ending March 31, 2025.

The primary reason for the expected reduction in the loss this year is attributed to two key factors.

Firstly, a cash settlement payment made to a client last year, which was recorded as an expense, is not repeated in the current year.

Secondly, despite an anticipated decrease in revenue for the current year, the group's general and administrative expenses are expected to decline due to stringent cost and expenditure control measures implemented by management.

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