Great China Holdings (Hong Kong) Limited has warned shareholders and potential investors of a full-year net loss estimated at HK$145.00–160.00 million for the twelve months ended 31 December 2025. The Group posted a profit of HK$17.00 million in the previous fiscal year, marking a sharp year-on-year reversal.

Management attributes the anticipated downturn to four main factors:

1. Revenue contraction: Property sales declined, trimming approximately HK$72.00 million from the top line versus the prior year.

2. Currency impact: A foreign-exchange loss of about HK$42.00 million replaced last year’s HK$27.00 million gain, driven by translation of financial liabilities.

3. Investment property valuation: A fair-value loss of roughly HK$38.00 million was recognised.

4. Impairment charge: Goodwill impairment is expected to amount to around HK$45.00 million.

The figures are based on unaudited management accounts and may be adjusted before the final results are released. The Group plans to publish audited FY2025 results on or around 31 March 2026.

The Board advises caution when dealing in the company’s shares until the audited numbers are available.