Yijun Group Holdings (02442) issued a profit warning. Annual shareholders' losses are expected to increase by no more than HK$32 million over the same period last year

According to the Zhitong Finance App, Yijun Group Holdings (02442) issued an announcement. It is expected that the year ending June 30, 2026 will obtain no more than HK$32 million in losses attributable to the Company's owners, while the year ended June 30, 2025 is about HK$500,000 in losses attributable to the Company's owners.

According to the announcement, the expected increase in losses this year is mainly due to the reduction in revenue and gross profit due to the completion or near completion of a number of large-scale public projects already carried out before this year; and the reduction in profit margins for the Group's new tenders this year due to customer focus on price and intense market competition.