According to the Zhitong Finance App, Pacific Legend (08547) announced that the Group expects losses attributable to shareholders to increase significantly from HK$5.2 million for the 18 months ended June 30, 2025 to no less than HK$49 million for the year ended June 30, 2026.

The Group's performance for the year ended June 30, 2026 declined from the same period of the 18-month period ended June 30, 2025, mainly due to (i) a sharp drop in turnover due to the loss of a major customer (a well-known Hong Kong property developer); and (ii) delays in the commencement of a major project in the United Arab Emirates, which led to a decrease in confirmed revenue for the year ended June 30, 2026.

The Board is closely monitoring the current situation and will seek further measures to mitigate losses.

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