HANG YICK HLDGS(01894) issued a profit warning, expecting the mid-term loss to decrease to no less than HK$5.7 million.

Hang Yick Holdings (01894) announced that the group is expected to incur a loss of not less than HK$5.7 million for the six months ending on September 30, 2025, compared to a loss of approximately HK$10.7 million for the six months ending on September 30, 2024. Based on the information currently available, it is expected that the decrease in the company's loss attributable to owners is mainly due to (i) a net reversal of impairment losses on trade receivables and contract assets calculated based on the expected credit loss model of approximately HK$3.9 million; and (ii) effective control of administrative and operating costs.