MANSHING GLOBAL (08309) issues a profit warning, expecting an annual post-tax loss of approximately HK$940 million, an increase compared to the previous year.

Wacheng Global Holdings (08309) announced that it is expected to incur a loss of approximately HK$940 million after tax for the year ending on March 31, 2026 (reporting period), compared to a loss of approximately HK$720 million after tax for the year ended on March 31, 2025 (same period last year). Based on information available to the company prior to the announcement, the board of directors believes that the increase in the group's loss after tax for the reporting period is mainly due to a reduction in revenue caused by the expiration of several government contracts.