FDB Holdings has issued a profit warning, projecting a net loss of HK$9.00 million to HK$12.00 million for the six months ended 30 June 2026. The expected deficit compares with a HK$5.20 million loss recorded in the corresponding period of 2025, indicating a further deterioration in interim performance.
Management attributes the enlarged loss to two main factors: 1. Revenue contraction caused by a reduction in the number and contract value of ongoing projects, some of which approached completion during the period. 2. Higher direct costs that compressed gross profit margins.
The figures are based on unaudited management accounts and may be adjusted once the interim results are finalized. The company plans to publish its full interim report by the end of August 2026.
FDB Holdings cautioned shareholders and potential investors to exercise prudence when dealing in its shares, emphasizing that the current estimates remain subject to review by auditors and the board’s audit committee.