Core Viewpoint - Indah Road Recycling Technology (06888) anticipates a net loss of approximately HKD 50 million for the fiscal year ending December 31, 2025, a significant decline from a net profit of approximately HKD 12.6 million for the fiscal year ending December 31, 2024 [1] Financial Performance - The expected net loss for the fiscal year ending December 31, 2025, is primarily attributed to delays in the confirmation of funding for certain asphalt pavement maintenance projects, which have been postponed to 2026 [1] - The company expects a decline in revenue from its asphalt pavement maintenance services due to these project delays [1] - Additionally, the company anticipates recognizing impairment losses on accounts receivable and contract assets for the fiscal year ending December 31, 2025 [1]

Group 1 - The core viewpoint of the article indicates that Indah Road Recycling Technology (06888.HK) anticipates a net loss of approximately HKD 50 million for the fiscal year ending December 31, 2025, in contrast to a net profit of about HKD 12.6 million for the fiscal year ending December 31, 2024 [1] Group 2 - The expected net loss is primarily attributed to two factors: (i) the postponement of certain asphalt pavement maintenance service projects, which will not receive funding confirmation until 2025, leading to a decline in revenue from the asphalt maintenance service business; and (ii) anticipated impairment losses on accounts receivable and contract assets for that fiscal year [1]

Core Viewpoint - Indah Highway Rejuvenation Technology (06888) anticipates a net loss of approximately HKD 50 million for the fiscal year ending December 31, 2025, a significant decline from a net profit of approximately HKD 12.6 million for the fiscal year ending December 31, 2024 [1] Financial Performance - The expected net loss for the fiscal year ending December 31, 2025, is primarily attributed to delays in funding for certain asphalt pavement maintenance service projects, which are now expected to be confirmed in 2026 [1] - Revenue from the asphalt pavement maintenance service business is projected to decrease due to these delays [1] - The company also anticipates recognizing impairment losses on accounts receivable and contract assets for the fiscal year ending December 31, 2025 [1]