Kwong Man Kee Group Ltd. Issues Profit Warning Due to Anticipated Fair Value Loss

Reuters
Jun 20
Kwong Man Kee Group Ltd. Issues Profit Warning Due to Anticipated Fair Value Loss

Kwong Man Kee Group Limited has issued a profit warning, indicating that its financial performance for the year ended 31 March 2025 is expected to be adversely impacted. The announcement highlights that the company is still finalizing its results, which are based on preliminary unaudited consolidated management accounts. A notable factor contributing to the anticipated decline in profits is the recognition of a fair value loss on certain investments. The company advises shareholders and potential investors to exercise caution when dealing with its shares, as the financial results are subject to possible adjustments. The annual results announcement is expected to be released on 27 June 2025.

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