P.B. GROUP (08331) issues a profit warning, expecting the annual net loss attributable to shareholders to increase by approximately 14.5 million yuan year-on-year.

P.B. GROUP (08331) announces that, based on the preliminary review of the unaudited comprehensive management accounts of the Group for the year ending 31st March 2026 (current year), the Group expects a net loss attributable to owners of the company of approximately 14.5 million RMB for the current year, compared to a net loss of approximately 7.5 million RMB for the year ending 31st March 2025. According to the unaudited information currently available to the company, the increase in expected loss for the current year is mainly attributed to: - A decrease in revenue of approximately 12.6% or around 6.7 million RMB compared to the year ending 31st March 2025, due to a decrease in sales revenue of drilling mud and metallurgical pellet grade bentonite (primarily due to the ongoing downturn in the steel industry, long-term soft demand in the bentonite product market, and reduced production by one of the Group's top five customers), as well as the comprehensive impact of decreased revenue from wealth management services, loan interest income, and financial guarantee fees; partially offset by an increase in wholesale income from personal care products; and - An increase in expenses of approximately 3.9 million RMB, mainly attributed to the Chinese withholding tax on dividends distributed by the Group's subsidiary in the People's Republic of China to its overseas holding company, which is related to the dividend declaration disclosed in the company's announcement on 30th January 2026.