CHINA HK POWER (00931) dropped nearly 14%, falling 13.64% to HKD 0.475 by the time of writing, with a turnover of HKD 63.48 million. The company issued a profit warning, anticipating an attributable net loss of approximately HKD 65 million to HKD 75 million for the six months ending September 30, 2025, compared to a loss of around HKD 54 million in the same period last year.

The change was primarily due to an asset disposal of approximately HKD 13 million related to property, plant, and equipment. The board noted that April to September marks the off-season for the company's liquefied natural gas (LNG) business, as well as its largest segment—new energy heating services in northern China.

However, the company plans to launch several new projects in the second half of the year, which is typically its peak season, expecting them to boost revenue and profitability. Based on current operations and development trends, the board remains optimistic about achieving a turnaround in the fiscal year ending March 31, 2026.