Rongzun International (HKEX:1780) issues profit warning

Rongzun International Holdings Group Limited (formerly known as B & D Strategic Holdings), has issued a profit warning, expecting to record a loss after taxation ranging from approximately HKD9.5 million to HKD10.5 million for the year ending 31 March 2025. This is compared to a loss after taxation of approximately HKD9.3 million for the year ended 31 March 2024. The company attributes the expected loss primarily to additional subcontracting costs required to handle the complexity of its Alternation & Addition work segment projects. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.