CHINA WANTIAN (01854) announced that the group expects to record a comprehensive net loss of no more than approximately HK$50 million for the six months ended June 30, 2025, compared to a comprehensive net loss of approximately HK$17.2 million for the six months ended June 30, 2024.

The board of directors attributes the increase in comprehensive net loss for the six months ended June 30, 2025 compared to the previous period mainly to: the execution of lease-back agreements in 2024 for operating the group's food supply business in Hong Kong and the expansion of its catering services business in the Greater Bay Area, resulting in increased depreciation of property, plant and equipment as well as right-of-use assets; and increased staff costs due to the group's business expansion.