Hanfort Development Holdings Limited (stock code: 00361; formerly Sino Golf Holdings) announced a profit warning for the financial year ended 31 December 2025. Based on the unaudited management accounts, the Group anticipates a loss attributable to owners of between HK$24.00 million and HK$26.00 million, markedly wider than the HK$2.40 million loss posted in FY2024.

Management attributes the expected deterioration primarily to a steep decline in recognised revenue, driven by a weakened consumption market and higher U.S. tariffs on golf products exported from China, which compressed operating margins.

The annual results are still being finalised and have yet to be audited or reviewed by the Company’s independent auditors. Hanfort Development plans to publish its full FY2025 results on or before 31 March 2026.

Shareholders and potential investors are advised to exercise caution when dealing in the Company’s securities until the audited figures are released.