Chi Kan Holdings forecasts significant profit drop

Chi Kan Holdings Limited projects a net profit of approximately HK$5.7 million for the six months ended 30 September 2025. This represents a substantial reduction from the HK$31.4 million recorded in the corresponding period last year. The company attributes this decline primarily to its construction business.

While the Group's e-commerce business experienced continued growth, its construction segment reported a loss. This overall profit decrease is due to two main factors: a decline in revenue caused by weakening market conditions in Hong Kong's construction sector, resulting in fewer private and public projects, and increased labor costs, which compressed profit margins on construction projects compared to the previous year.

The company is currently finalizing its interim results and expects to publish them by the end of November 2025. This preliminary assessment is based on unaudited management accounts and has not yet been confirmed by the company's auditor or audit committee.