SHIN HWA WORLD (00582) has issued a profit warning, announcing that the group expects its consolidated net loss for the first half of 2026 to decrease by approximately 60% to 75% compared to the same period last year.

According to the announcement, the expected reduction in the consolidated net loss for the period is primarily attributed to: (i) an increase in consolidated revenue, particularly from the group's integrated resort operations; (ii) a rise in the fair value of investment properties; and (iii) the recovery of taxes paid in previous years.

As of the date of this announcement, the group is still assessing whether impairment losses on intangible assets are necessary. Taking into account potential impairment of intangible assets that may need to be recognized, the consolidated net loss for the current period is expected to be approximately 60% to 75% lower than that of the same period in 2025.