China Tianbao warns of wider interim loss, projects RMB60–70 million deficit for H1 2026

Bulletin Express
Aug 12

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10