Bright Holding (08152) issued a profit warning, expecting to incur a loss of approximately HK$13.4 million for the year, a loss compared to a profit on a year-on-year basis.

date
18:40 10/03/2025
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GMT Eight
Ming Liang Holdings (08152) announced that the Group is estimated to achieve approximately 1... by the end of the financial year ending on December 31, 2024.
Ming Liang Holdings (08152) announced that it is expected to incur a loss of approximately HK$13.4 million for the year ending December 31, 2024, compared to a profit of HK$9.4 million for the year ending December 31, 2023. The Board of Directors believes that the expected loss for this year is mainly due to a decrease in revenue of approximately HK$86 million or 56.0%, which is primarily attributed to a delay in ordering tunneling-related products by a customer based on the actual progress of the relevant engineering project, as well as a relatively large project that was largely completed this year and contributed less revenue.