CT IND GROUP (08111) issues profit warning, expecting annual shareholders' loss of approximately 18 to 23 million yuan.

CT IND GROUP (08111) announced that the Group is expected to incur a net loss attributable to shareholders of the company of approximately RMB 18 million to RMB 23 million for the year ending March 31, 2026, compared to a net loss of approximately RMB 22.7 million for the year ending March 31, 2025. According to the information received by the Board of Directors, the expected loss is mainly due to the following factors: a significant increase in revenue, from approximately RMB 8 million for the year ending March 31, 2025 to approximately RMB 157 million for the year ending March 31, 2026; an increase in sales costs, from approximately RMB 6 million for the year ending March 31, 2025 to approximately RMB 113 million for the year ending March 31, 2026; a decrease in operating expenses, from approximately RMB 17.3 million for the year ending March 31, 2025 to approximately RMB 16.3 million for the year ending March 31, 2026; and an increase in impairment losses (net of reversals) recognized under the expected credit loss model, from approximately RMB 2 million for the year ending March 31, 2025 to approximately RMB 29 million for the year ending March 31, 2026.