MACAU E&M (01408) issues a profit warning, expecting a mid-term net loss of approximately 1.1 million Macanese Patacas, a year-on-year increase.

MACAU E&M (01408) announced that the Group expects to record a net loss of approximately MOP 1.1 million for the six months ending June 30, 2026 (the Relevant Period), compared to a net loss of approximately MOP 167,000 for the six months ending June 30, 2025. For reference, the Group recorded a profit and total comprehensive income of approximately MOP 2.2 million for the year ending December 31, 2025. The expected increase in losses for the Relevant Period is primarily attributable to the following factors: the Group was unable to obtain any new large projects during the Relevant Period; the market demand for large electromechanical engineering projects in Macau remains weak, resulting in limited bidding opportunities for the Group; and the projects undertaken by the Group during the Relevant Period contributed limited gross profit, which was insufficient to offset the Group's necessary operating costs. The Board will continue to closely monitor the impact of the challenging market environment in Macau on the Group's operations and financial performance, and will consult with the Group's business partners to actively seek suitable project opportunities while maintaining prudent cost control to improve the Group's financial performance.