Khoon Group Flags Sharp Interim Loss on Rising Contract Asset Impairments

The latest announcement is out from Khoon Group Limited ( (HK:0924) ).

Khoon Group Limited has alerted investors that it expects to swing to a substantial loss for the six months ended 31 December 2025, reversing a small profit a year earlier. The company, listed in Hong Kong and incorporated in the Cayman Islands, did not disclose its core business lines in the announcement, but confirmed that the loss will be attributable to its owners.

Based on preliminary unaudited management accounts, the group anticipates a net loss of up to about S$23 million, compared with a net profit of roughly S$0.2 million for the comparable 2024 period. Management attributes the downturn mainly to higher impairment losses on contract assets, and has cautioned shareholders and potential investors to exercise care when trading the stock ahead of detailed interim results due by the end of February 2026.

More about Khoon Group Limited

Khoon Group Limited is a Hong Kong–listed company incorporated in the Cayman Islands and traded on the Main Board under stock code 924. The group operates through its subsidiaries, though the announcement does not specify its industry, core products or services, or primary geographic markets beyond its Hong Kong listing status.

Average Trading Volume: 495,757

Technical Sentiment Signal: Sell

Current Market Cap: HK$185M

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