FEG HOLDINGS (01413) issues profit warning, expecting a comprehensive loss of approximately HK$20 million to HK$30 million in the middle term for shareholders from continuing operations.

FEG Holdings (01413) announced that it is expected to record a comprehensive loss attributable to owners of the company of approximately HK$20 million to HK$30 million for the six months ending September 30, 2025. This is compared to a comprehensive loss of approximately HK$4.8 million for the same period in 2024. The increase in loss is mainly attributed to (i) decrease in revenue, which is due to a reduction in the number of large contract construction projects and renovation projects undertaken by the group during the reporting period compared to the same period in 2024; and (ii) decrease in gross profit margin, which is a result of the ongoing impact of the construction project related to the Hong Kong International Airport Third Runway System that began in the fourth fiscal quarter of 2024.