Hong Kong ZCloud Technology warns of significant profit decline
Hong Kong ZCloud Technology Construction Limited (HKZTC) announced a profit warning for the six months ending September 30, 2025 (HY2025), expecting a profit attributable to owners of not less than HK$3.2 million. This represents a significant decrease compared to the HK$16.7 million profit recorded for the same period in 2024.
The anticipated profit reduction is primarily attributed to a decrease in gross profit. This decline is a result of additional costs incurred for extra works during the finalisation of building construction projects, as well as an increase in material costs.
HKZTC is currently finalising its interim results for HY2025, with the official announcement scheduled for November 28, 2025. The preliminary assessment is based on unaudited management accounts. Shareholders and potential investors are cautioned to exercise prudence when trading the company's shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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