On October 31, 2025, KPa-BM Holdings Limited (stock code: 2663) disclosed a preliminary assessment indicating that consolidated profit after tax for the six months ended September 30, 2025, is expected to decrease by at least 50% year-on-year. The decline was attributed to lower revenue from structural engineering works, as several contracts had substantially completed and newly acquired projects carried relatively small contract sums.
Cost reductions in administrative, other operating expenses, and finance costs partially offset the drop in gross profit. Management is also reviewing contract assets, trade, and other receivables for any potential impairment, which could further reduce profitability but would not affect the group’s cash position. Final interim results are scheduled for release by the end of November 2025, and the company advised investors to exercise caution when trading its shares.