Easy Smart Group Holdings Limited (Easy Smart) has released a profit warning indicating an expected loss attributable to owners of no more than HK$32.00 million for the financial year ended 30 June 2026, compared with a HK$0.50 million loss recorded in FY 2025. The projected deterioration of approximately HK$31.50 million reflects a roughly 63-fold year-on-year increase in losses.

Management attributes the anticipated setback to two primary factors: 1. Revenue and gross profit declined after several sizeable public-sector projects were completed or nearly completed before the current reporting period. 2. Profit margins on new tender projects narrowed amid heightened price-consciousness among customers and intensified market competition.

The figures are derived from unaudited consolidated management accounts and have not yet been reviewed by the company’s auditors or audit committee. Final audited results are scheduled for release around end-September 2026.

In line with Hong Kong listing regulations, Easy Smart advises shareholders and potential investors to exercise caution when dealing in the company’s shares.