FUJIKON IND(00927) issues profit warning, expected annual shareholder's loss of approximately HK$23.3 million to HK$29 million.

FUJIKON IND (00927) announces that, based on the preliminary assessment of the unaudited comprehensive financial statements of the Group for the year ended March 31, 2026 (current year) and information obtained by the Board of Directors, the Group expects a loss attributable to equity holders of the Company for the current year to be between approximately HK$23.3 million and HK$29 million, compared to a loss of approximately HK$36.1 million for the year ended March 31, 2025 (previous year). Due to a settlement reached with a customer, the Group will compensate the customer through cash payments. As the cash payment was only recorded in the previous year, there will be no related expenses recorded for the current year. Furthermore, despite expecting a decrease in revenue for the Group in the current year compared to the previous year, strict cost and expense control measures are expected to result in a reduction in general and administrative expenses for the Group. These factors are the main reasons for the expected decrease in the loss attributable to equity holders of the Company for the current year.