KNK Holdings Limited announced that the shareholders of the company and potential investors that the preliminary review of the latest unaudited consolidated management accounts of the Group for the year ended 31 March 2019, the Group is expected to record a loss for the year attributable to the owners of the company as compared to a profit for the financial year ended 31 March 2018. The loss was mainly attributable to the direct costs incurred in the fourth quarter of the financial year ended 31 March 2019, including bonus paid to staff and directors, and subcontractor costs recognised based on the project progress. In addition, compliance and professional expenses for the Group were incurred or provided at the end of the financial year.