CT Vision (International) Holdings Limited has issued a profit warning, indicating an anticipated net loss attributable to shareholders of no less than HKD33.00 million for the year ended 31 December 2025 (FY2025). This compares with a consolidated net loss of approximately HKD23.81 million recorded for FY2024.
Management attributes the deeper loss to two primary factors: 1. A reduction in revenue and profit margins after the introduction of two national policies on photovoltaic energy projects in early 2025, which dampened market sentiment, led to project suspensions or scale-backs, and intensified competitive pressures that lowered contract values. 2. A higher net allowance for expected credit losses on trade and contract assets during FY2025.
The consolidated financial statements for FY2025 are still being finalized and remain subject to auditor and audit committee review. The company expects to publish its full results announcement before the end of March 2026.
Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.