Most Kwai Chung (01716.HK) issues profit warning: expects interim consolidated loss attributable to owners of the Company of not more than HK$2.7 million, turning from profit to loss year-on-year.

Zhitong Finance APP news, Most Kwai Chung (01716.HK) announced that the group is expected to record a consolidated loss attributable to owners of the company of not more than HK$2.7 million for the six months ended September 30, 2026, compared with a consolidated profit attributable to owners of the company of HK$894,000 for the six months ended September 30, 2025. The expected decline in results is mainly attributable to an increase in administrative expenses. The increase in administrative expenses during the period was mainly due to (i) the expansion of management personnel, resulting in a corresponding increase in staff costs; and (ii) a significant increase in professional fees, further leading to an overall rise in administrative expenses.