KML TECH (08065) issued a profit warning, expecting a pre-tax loss of not more than approximately HK$12 million for the 2026 fiscal year.
Gaomeng Technology (08065) announced that it is expected to incur a pre-tax loss of not more than approximately HK$12 million for the year ending on March 31, 2026, while it achieved a pre-tax profit of approximately HK$100,000 for the year ending on March 31, 2025. The Board believes that the expected loss is mainly due to a decrease in gross profit to approximately HK$25 million for the 2026 financial year. The decrease in gross profit is mainly attributed to a decrease in revenue of approximately HK$53 million for the 2026 financial year, as well as making provisions for loss-making contracts in the 2026 financial year.
KML TECH (08065) announces that the group is expected to incur a loss before tax of not more than approximately 12 million HK dollars for the year ending March 31, 2026, compared to a profit before tax of about 100,000 HK dollars for the year ending March 31, 2025. The board of directors believes that the expected loss is primarily due to a decrease in gross profit to about 25 million HK dollars for the 2026 financial year. The decrease in gross profit is mainly due to a decrease in revenue of about 53 million HK dollars in the 2026 financial year, as well as making provisions for loss-making contracts in the 2026 financial year.
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