AP Rentals Holdings Limited issued a profit warning on 31 August 2026, projecting a post-tax loss of HK$10.00 million to HK$13.00 million for the six months ending 30 September 2026. The group reported a HK$5.10 million profit for the comparable period in 2025, highlighting a sharp earnings reversal.
According to unaudited management accounts covering the four months to 31 July 2026, the company recorded a HK$7.80 million loss after tax, compared with a HK$4.00 million profit a year earlier. The downturn was driven by a HK$12.60 million, or 38.8%, fall in Hong Kong equipment-leasing revenue. Management attributed the shortfall largely to the wind-down of construction activity related to the Hong Kong International Airport’s Third Runway project, which is approaching completion.
AP Rentals stressed that the figures are preliminary and unaudited. Detailed interim results are scheduled for release before the end of November 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.