CH TIANBAO GP (01427) Warns of Net Loss of 60 to 70 Million Yuan in First Half
Stock News
Aug 12
CH TIANBAO GP (01427) has issued a profit warning, projecting a net loss for the six months ending June 30, 2026, of between 60 million yuan and 70 million yuan. This compares to a net loss of 37.3 million yuan recorded in the same period last year.
The board attributes the expected loss to a decline in revenue. This drop is driven by a proactive reduction in the scale of projects undertaken to manage accounts receivable risk, leading to fewer construction contracts. Additionally, a decrease in the average selling price per unit of buildings has also contributed to the weaker financial performance.
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