Kato Holdings warns of profit decrease for year ended March 2025

Kato (Hong Kong) Holdings Limited (HKEX:2189) issued a profit warning, projecting a profit attributable to owners of not less than HK$18.0 million for the year ending March 31, 2025. This compares to a profit of approximately HK$64.2 million for the year ended March 31, 2024. The expected decrease is mainly attributed to the recognition of fair value loss on investment properties of not less than HK$23.3 million, compared to a gain of HK$18.6 million in the prior year. Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company. The final results will be published by the end of June 2025.