Wing Lee Development Construction Holdings Limited has issued a profit warning, indicating that consolidated profit attributable to owners for the year ending 31 March 2026 is expected to be capped at HK$19.00 million. This represents a sharp decline of approximately 65.7% from the HK$55.46 million recorded in the previous fiscal year ended 31 March 2025.

Management attributes the anticipated earnings slide to two main factors: 1. Erosion of gross profit margin stemming from higher material, labour and logistics expenses across new projects. 2. Increased upfront costs tied to the development of the Group’s new energy business.

The company is finalising its audited results, scheduled for release on 29 June 2026. Stakeholders are urged to exercise caution when dealing in the company’s shares until the definitive annual results are published.