KML TECH Issues Profit Warning, Anticipates Pre-Tax Loss Under HK$12 Million for FY2026
Stock News
Apr 30
KML TECH (08065) has announced that the group expects to record a pre-tax loss of not more than approximately HK$12 million for the year ending March 31, 2026. This contrasts with a pre-tax profit of about HK$10,000 reported for the year ended March 31, 2025. The board of directors attributes the anticipated loss primarily to a decrease in gross profit to approximately HK$25 million for the 2026 fiscal year. The reduction in gross profit is mainly due to a decline in revenue of about HK$53 million for the 2026 fiscal year, coupled with the provision made for onerous contracts during the same period.
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