Shengxing Holdings (01472.HK) issued a profit warning, expecting a net loss of not more than HK$14 million in the mid-term, an increase of approximately 55% year-on-year.

Intelligence Finance and Economics APP news, Sheng Hing Holdings (01472.HK) announced that the group is expected to incur a net loss of not more than HKD 14 million for the 6 months ended September 30, 2025, an increase of approximately 55% from the net loss of approximately HKD 9 million for the 6 months ended September 30, 2024. The increase in net loss is mainly attributed to the increase in employee costs included in administrative expenses and additional costs incurred for tendering for new government procurement projects announced by the Hong Kong government.