CH TIANBAO GP (01427) has issued a profit warning, projecting a net loss for the six months ending June 30, 2026, of between 60 million yuan and 70 million yuan. This compares to a net loss of 37.3 million yuan recorded in the same period last year.

The board attributes the expected loss to a decline in revenue. This drop is driven by a proactive reduction in the scale of projects undertaken to manage accounts receivable risk, leading to fewer construction contracts. Additionally, a decrease in the average selling price per unit of buildings has also contributed to the weaker financial performance.