GREAT HARVEST (03683) Issues Profit Warning, Expects Interim Shareholder Loss of No Less Than $3.1M, Down 58.7% YoY

Stock News
Nov 18

GREAT HARVEST (03683) announced that the group anticipates recording a shareholder-attributable loss of no less than approximately $3.1 million for the reporting period (six months ended September 30, 2025). Compared to the $7.5 million loss in the same period last year (six months ended September 30, 2024), the shareholder-attributable loss decreased by approximately $4.4 million, or 58.7%.

The significant reduction in losses was primarily driven by: (i) a decrease of around $2.4 million in losses from the disposal of property, plant, and equipment; and (ii) a reversal of impairment losses on property, plant, and equipment of approximately $1.1 million during the reporting period, compared to an impairment provision of $1.1 million in the prior-year period.

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