ENERGY INTINV(00353) issues a profit warning, expecting annual attributable net profit to shareholders to be between HKD 62 million and HKD 70 million.
Energy International Investment (00353) announces that, compared to the financial year ending on March 31, 2025, the group expects to record an increase of approximately HK$248 million in revenue and HK$165 million in gross profit for the financial year ending on March 31, 2026. This is mainly due to the operational performance and financial position of Prosperous Splendor Global Limited and its subsidiaries since the effective date of the agreement with the controlling party on November 20, 2025. In addition, the group expects to record a fair value loss of approximately HK$62 million on investment properties for the year 2026 (compared to a fair value gain of approximately HK$541 million for the year 2025).
ENERGY INTINV (00353) announced that for the year ending March 31, 2026, the Group expects to achieve an increase in revenue and gross profit of approximately HK$248 million and HK$165 million, respectively, compared to the year ending March 31, 2025. This is mainly attributed to the operational performance and financial condition of Prosperous Splendor Global Limited and its subsidiaries since the effective date of the agreement with the controlling shareholders on November 20, 2025.
In the financial year 2026, the Group expects to record a fair value loss on investment properties of approximately HK$62 million (compared to a fair value gain of approximately HK$541 million in the financial year 2025). Additionally, impairment losses on trade receivables, lease receivables, advance payments, other receivables, and financial guarantee liabilities are expected to increase by approximately HK$109 million under the expected credit loss model. The decrease in deferred tax expenses due to changes in fair value of investment properties is estimated to be approximately HK$157 million. Furthermore, following the completion of the acquisition of an additional 29.83% equity stake in Shandong Shundong Port Company in April 2025, the Group's shareholding in its major subsidiary, Shundong Port Company, increased from 55.17% to 85%.
Based on the above factors, the Group expects to achieve a net profit between HK$68 million and HK$78 million for the financial year 2026, compared to approximately HK$467 million for the financial year 2025. The Group's attributable profit for the year ending 2026 is expected to range between HK$62 million and HK$70 million, compared to approximately HK$256 million for the financial year 2025.
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