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Lotus Horizon Holdings Limited ( (HK:6063) ) has issued an announcement.
Lotus Horizon Holdings Limited has warned that it expects to swing to a consolidated net loss of about HK$3.5 million for the year ended 31 March 2026, compared with a net profit of roughly HK$3.2 million a year earlier. The reversal is mainly linked to a 13.3% revenue decline caused by slower-than-expected progress on key construction projects and tighter margins amid intense competition in the Hong Kong market.
The company is still finalising its annual results, which are based on unaudited management accounts and remain subject to adjustment before official publication expected in June 2026. The profit warning underlines the challenging operating conditions for construction-related businesses in Hong Kong and signals potential earnings volatility for shareholders, who are urged to exercise caution when trading the company’s shares.
More about Lotus Horizon Holdings Limited
Lotus Horizon Holdings Limited is a Hong Kong-listed company engaged in the construction sector through its group of subsidiaries. The Group focuses on project-based works in the local market, where it competes for contracts in an increasingly competitive environment that is pressuring margins on newly awarded projects.
Average Trading Volume: 6,399,714
Technical Sentiment Signal: Buy
Current Market Cap: HK$860M
Learn more about 6063 stock on TipRanks’ Stock Analysis page.