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Kwong Luen Engineering Holdings Limited ( (HK:1413) ) has shared an announcement.
FEG Holdings Corporation Limited, a company incorporated in the Cayman Islands, has issued a profit warning for the six months ending September 30, 2025. The company anticipates a significant increase in consolidated losses, ranging from HK$20 million to HK$30 million, compared to a loss of HK$4.8 million in the same period of 2024. This increase is attributed to a decrease in revenue from fewer large construction and renovation projects, as well as a reduced gross profit margin due to ongoing projects related to the Hong Kong International Airport’s three-runway system. Stakeholders are advised to exercise caution, as the interim results are still being finalized and may be subject to adjustments.
More about Kwong Luen Engineering Holdings Limited
Average Trading Volume: 26,259,919
Technical Sentiment Signal: Hold
Current Market Cap: HK$138.6M
For a thorough assessment of 1413 stock, go to TipRanks’ Stock Analysis page.