Microware Group (HKG:1985) projected profit attributable to owners of approximately HK$18.7 million for the year ended March 31, marking a nearly 52% decrease from HK$36.2 million a year ago.

The significant decrease was primarily driven by share-based compensation expenses totalling HK$38.4 million, linked to the company's share award scheme adopted in January 2024 and amended in December of the same year.

The company said the figures are based on preliminary unaudited accounts and may be adjusted pending further internal reviews and audit committee assessments.

Finalized financial results, including detailed performance metrics, will be disclosed in the annual results expected to be released late June.