Wancheng Global Holdings (08309) Fa Ying Guang expects mid-term profit after tax to decrease by about HK$100,000 year-on-year

According to the Zhitong Finance App, Wan Cheng Global Holdings (08309) announced that the Group is expected to record a profit of about HK$100,000 after tax in the six months ending September 30, 2026, compared to the six months ending September 30, 2025, which recorded a profit of about HK$900,000 after tax. According to information available immediately before the publication of this announcement, the board of directors believes that the decline in the Group's profit after tax during the reporting period was mainly due to a decline in gross margin, due to increased competition in several government contracts, and aggressive and commercially unsustainable pricing by some market participants.