SHUN WO GROUP (01591) Issues Profit Warning, Expects Interim Net Loss of Approximately HK$2 Million to HK$5 Million

SHUN WO GROUP (01591) announces that the Group expects to record a net loss of approximately HK$2 million to HK$5 million for the six months ended 30 September 2026, compared with a net loss of approximately HK$16.3 million for the corresponding period in 2025. The Board considers that the decrease in net loss was primarily attributable to, among other things, (i) an increase in revenue; (ii) a significant decrease in net impairment losses on financial assets and contract assets; and (iii) a significant decrease in administrative and other operating expenses.