China Tianbao Group Development Company Limited has issued a profit warning for the six months ended 30 June 2026, flagging an expected net loss of between RMB60.00 million and RMB70.00 million. The midpoint of the guided range indicates that the deficit could widen by roughly 70 % compared with the RMB37.30 million loss recorded in the same period of 2025.
Management attributes the deeper loss primarily to softer revenue. Two factors were highlighted:
1. A deliberate reduction in the scale of construction projects to curb trade-receivable risk, which led to fewer contracts secured during the period. 2. A decline in the average unit selling price of completed buildings.
The figures are based on unaudited management accounts; final results will be released in the interim announcement scheduled for the end of August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares until the reviewed results are available.