MADISON H-NEW Issues Profit Warning, Anticipates Widened Annual Net Loss to HKD 17-20 Million
Stock News
Jun 18
MADISON H-NEW has announced a profit alert. Based on a preliminary review of the group's unaudited consolidated management accounts for the year ended March 31, 2026, the company expects to record a net loss attributable to its owners for the year in the range of approximately HKD 17 million to HKD 20 million.
This compares to a net loss of about HKD 15.2 million attributable to owners for the corresponding period in 2025. The anticipated increase in the annual loss is primarily attributed to a rise in the expected credit losses on loans and interest receivables.
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