ULFERTS forecasts FY2026 net loss to contract sharply to within HK$5.00 million
Bulletin Express
May 28
Ulferts International Limited announced a significant reduction in its expected net loss for the year ended 31 March 2026. Management projects the deficit will narrow to no more than HK$5.00 million, versus a HK$41.00 million loss recorded in FY2025—a year-on-year improvement of up to 87.80%.
The turnaround is attributed primarily to:
1. A notable decrease in impairment losses.
2. Implementation of stringent cost-control measures across the Group.
Final audited results are scheduled for release in late June 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities until the full annual results are published.
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