KML TECH Reports Annual Financial Results with Net Loss of HK$11.4 Million
Stock News
Jun 23
KML TECH (08065) has announced its financial performance for the year ended March 31, 2026. The company reported revenue of HK$143 million, representing a decrease of 27.1% compared to the previous year. The group recorded a net loss of HK$11.4 million, a significant shift from the net profit of HK$97,000 achieved in the prior corresponding period.
Basic loss per share stood at HK2.83 cents for the reported year. The company stated that its performance turned from profit to loss primarily due to an additional provision made for onerous contracts during the financial year, which led to the decline in revenue.
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