Kin Pang Holdings Limited Issues Profit Alert for FY2025

Key Highlights from the Announcement

• Expected Loss Before Tax: Kin Pang Holdings Limited (“the Company”) has preliminarily estimated a loss before tax of not more than MOP21.0 million for the financial year ended 31 December 2025 (FY2025).
• Comparison with Previous Year: This figure represents a slight improvement compared to the audited loss before tax of approximately MOP22.0 million for the financial year ended 31 December 2024 (FY2024).
• Factors Affecting the Financial Performance:
  • The slight decrease in loss is mainly due to:
    • An increase in gross profit margin from building and ancillary services projects.
    • A reduction in administrative expenses.
  • However, these improvements are offset by:
    • An increase in finance costs.
    • Provision for impairment loss of financial assets under the expected credit loss model.
• Preparation of Results: The Company is still finalising its annual results for FY2025, and the information released is based on the Board’s preliminary assessment of unaudited management accounts.
• Publication Timeline: The final audited results are expected to be published in late March 2026.

Important Information for Shareholders and Potential Investors

• Price Sensitive Information: The announcement of a continued, though slightly reduced, loss may be material for investors as it signals ongoing challenges in profitability. Although the loss has narrowed, the Company remains in a loss-making position, which could impact investor sentiment and share price.
• Uncertainties: The figures provided are based on unaudited management accounts and may be subject to change after auditor review. Investors should be aware that the final results could differ.
• Risk Factors: Increased finance costs and impairment provisions are negative factors to monitor, as they suggest ongoing financial pressures.
• Management Actions: The reduction in administrative expenses and improvement in gross profit margin indicate active efforts by management to stabilize or improve financial performance.

Board Composition and Governance

• The Board is chaired by Mr. Kong Kin I, who also serves as Chief Executive Officer.
• Ms. Choi Fong Lan is an executive director, alongside three independent non-executive directors: Mr. Cheung Wai Lun Jacky, Mr. Cheung Kin Wing, and Mr. Zhao Zhipeng.

Investor Guidance

Shareholders and potential investors are advised to exercise caution when dealing in the securities of Kin Pang Holdings Limited due to the ongoing loss situation and the uncertainty surrounding the unaudited financial figures. Further detailed information will be released with the audited annual results in late March 2026.

Disclaimer: This article is based on preliminary unaudited results and management estimates disclosed by Kin Pang Holdings Limited. Final audited results may differ. Investors should consult official announcements and seek professional advice before making investment decisions.

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