KS SMART MGMT (08181) announces annual performance: Shareholders' net loss for the year reached 48.11 million Hong Kong dollars, a year-on-year increase of 63.58%.

KS SMART MGMT (08181) released its annual performance as of March 31, 2026, with revenue of 543 million Hong Kong dollars, a year-on-year decrease of 3.57%. The company's owners' share of the annual loss was 48.11 million Hong Kong dollars, an increase of 63.58% compared to the previous year; basic loss per share was 0.043 Hong Kong dollars. The announcement stated that the group's revenue decreased by about 3.57% year-on-year mainly due to a reduction in property management service contracts in Hong Kong and China for the year ending March 31, 2026. The number of property management service contracts obtained in Hong Kong decreased by 17 contracts from 410 in the year ending March 31, 2025, to 393 in the year ending March 31, 2026, and the revenue generated from property management services decreased by about 2.0% to approximately 4.891 billion Hong Kong dollars. For the year ending March 31, 2026, revenue from independent security service contracts decreased by about 23.7% to approximately 48.10 million Hong Kong dollars.