LAI SI ENT (02266) issued a profit warning. It is expected that the comprehensive profit attributable to shareholders in 2025 will significantly decrease to 7-9 million Macau dollars.

LAI SI ENT (02266) announced that compared to the comprehensive surplus attributable to shareholders for the year 2024 of approximately MOP 24.1 million, it is expected that the group will achieve a comprehensive surplus attributable to shareholders of MOP 7 million to MOP 9 million in 2025. The Board of Directors believes that the significant decrease in comprehensive surplus in 2025 is mainly due to (1) a decrease in revenue and gross profit margin compared to 2024, as a result of weaker market demand. This led to a decrease in gross profit of MOP 6.5 million in 2025 compared to 2024; (2) expected credit loss allowances to decrease from approximately MOP 3.3 million in 2024 to approximately MOP 0.3 million in 2025; (3) an estimated property valuation loss of approximately MOP 3.6 million in 2025, compared to a loss of approximately MOP 2.3 million in 2024; and (4) an increase in manpower due to active participation in different bidding projects. Additionally, employee incentive bonuses were distributed, leading to an increase in employee expenses of MOP 2.4 million.