In Construction Holdings Ltd. has issued a profit warning, indicating that the company expects to record a consolidated net loss of between HK$15 million to HK$20 million for the fiscal year ending 31 March 2025. This projection follows a net loss of HK$12.9 million in the previous year. The increase in anticipated losses is attributed to unexpected delays in certain foundation projects, resulting in provisions for liquidated and ascertained damages, as well as changes in the estimation of variation orders from completed projects in prior years. Despite these challenges, the company's Board remains optimistic about long-term growth prospects in the construction industry and maintains confidence in the Group's strong financial position, highlighted by low net gearing as of the end of March 2025. The Board also advises shareholders and potential investors to exercise caution when dealing in the company's shares. The final consolidated annual results are expected to be published on 27 June 2025.
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