Glory Sky International Holdings (01780) issues profit warning, expected annual net loss of around HK$9.5 million to HK$10.5 million.

Intelligence Finance APP news, Rongzun International Holdings (01780) announced that the group is expected to incur a net loss of approximately 9.5 million Hong Kong dollars to 10.5 million Hong Kong dollars for the year ending March 31, 2025, while the net loss for the year ending March 31, 2024 was approximately 9.3 million Hong Kong dollars. The expected loss is mainly due to additional subcontracting costs incurred to address the expected complexity of the company's reconstruction and expansion business projects.