Pacific Legend (08547) issued a profit warning, expecting a mid-term loss of approximately HK$25.3 million for shareholders, compared to a profit from the previous year.
PACIFIC LEGEND (08547) announced that the group expects a change in performance for the 6-month period ending on December 31, 2025. The company's attributable surplus for the 6-month period ending on December 31, 2024, was approximately HK$8.3 million, but is expected to change to an attributable loss of approximately HK$25.3 million for the 6-month period ending on December 31, 2025.
PACIFIC LEGEND (08547) announced that the group is expecting a transformation in its performance for the six months ending on December 31, 2025. The company's attributable surplus for the six months ending on December 31, 2024 was approximately HKD 8.3 million, but it is expected to transform into an attributable loss of approximately HKD 25.3 million for the six months ending on December 31, 2025.
The group's performance for the six months ending on December 31, 2025 has regressed compared to the same period in 2024, mainly due to the loss of a major client (a well-known Hong Kong property developer), resulting in a significant decrease in revenue; as well as a delay in the commencement of a major project in the United Arab Emirates, leading to a decrease in confirmed revenue for the six months ending on December 31, 2025.
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