Yuk Wing Group has announced a profit alert, forecasting that for the financial year ending March 31, 2026, it will record a net loss after tax of not more than HK$6 million. This compares to a net loss of approximately HK$12.2 million for the corresponding period in the previous year ending March 31, 2025.

The anticipated reduction in loss is primarily attributed to a net reversal of about HK$900,000 in expected credit loss provisions on trade receivables for the current period. This positive development stems from significant management efforts to enhance the collection of trade receivables. In contrast, the year ended March 31, 2025, saw a net provision for expected credit losses on trade receivables of HK$6 million.