Oneconstruction turns to FY26 net loss of $13.21 million; revenue falls 7.2% to $49.36 million - ONEG News | RalliesOneconstruction turns to FY26 net loss of $13.21 million; revenue falls 7.2% to $49.36 million
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ONEG• FY26 results turn to loss as revenue declines
- Oneconstruction posted a net loss of USD 13.21 million, swinging from net profit a year earlier.
- Revenue fell 7.2% to USD 49.36 million, while operating results swung to a USD 12.63 million loss.
- Gross profit turned to a USD 7.12 million loss, driven by cost overruns and final account adjustments on certain legacy projects.
- Cost of revenue rose 14.6% to USD 56.48 million, including USD 9.81 million of project loss tied to completed legacy projects.
- Administrative expenses climbed 62.4% to USD 3.62 million, while private-sector revenue dropped 92.1% to USD 582,000 on a Hong Kong market slowdown.
