The company attributed the loss to losses from property development projects of associates and joint ventures.

KSH Holdings warned its shareholders that it expects to report a net loss for H1 2025 based on the preliminary assessment of the draft unaudited group results for the half year ended 30 September 2024.

In a bourse filing, the group said that although its construction business posted a positive contribution margin in H1 2025, the overall net loss was mainly due to losses incurred by property development projects of associates and joint ventures.

These losses include pre-launch expenses, finance costs, sales and marketing expenses, and other operating costs recognised before revenue from units sold can be recorded under current accounting standards.

The company will disclose its H1 2025 financial results on or around 14 November.

KSH Holdings advises shareholders and potential investors to exercise caution when dealing in the shares of the company and to consult with their advisers if in doubt.