MING FAI INT'L (03828) issued a profit warning, expecting that the interim profit attributable to shareholders will decrease year-on-year to not less than HKD 34 million.

MING FAI INT'L (03828) issued an announcement stating that based on a preliminary assessment of the group's most recent unaudited consolidated management accounts, the group expects to achieve a profit attributable to the company's owners of no less than HKD 34 million for the six months ending June 30, 2026 (for the six months ending June 30, 2025: approximately HKD 50.9 million). The decrease in the profit attributable to the company's owners during this period is primarily due to increased manufacturing cost pressures leading to a decline in gross profit margin, the impact of fluctuations in the external environment, and intense industry competition.