CHINA NEW HLDGS (08125) announced that it expects to record a loss of approximately HK$9.3 million for the six months ending September 30, 2025, compared to a loss of around HK$5.5 million in the same period last year.

The board attributed the increased losses primarily to the following factors: (a) **Decline in Gross Profit**: The reduction in gross profit for the six months ending September 30, 2025, was mainly due to lower rental rates for leased construction equipment, as well as rising material and labor costs, coupled with frequent design and construction plan changes, which led to higher direct costs and reduced margins. (b) **Higher Administrative Expenses**: Increased administrative expenses during the period were primarily driven by rising employee costs and professional fees.