Asia
Shun Wo Warns of Wider Fiscal-Year Loss
Shun Wo Group (HKG:1591) expected a net loss of between HK$13 million and HK$16 million for the year ended March 31, compared with a net loss of HK$5.7 million a year prior, according to a Wednesday Hong Kong bourse filing.The foundation work sub-contractor attributed the forecast to a lower gross profit, high cost input for newly awarded projects, and a decline in project management fee for a project completed in mid 2025 alongside a drop in interest income.
HKG:1591
