This episode explores the FY2026 results for King Wan Corporation Limited. We examine the complex factors that led to a difficult year for the group despite a robust order book. The discussion identifies why projects entering early phases and rising costs impacted profitability. We also address how cooling property markets abroad created a heavy burden on the company.

• Hear why a massive backlog of contracts might not be enough to ensure a profit

• Examine the unexpected impact that foreign property markets had on the group

• Understand the steps taken to protect the cash position for the coming year