CHUANG'S INT'L (00367) Issues Profit Warning, Expects H1 Shareholder Loss of HK$225M–HK$265M, Down YoY
Stock News
Nov 07
CHUANG'S INT'L (00367) announced that the group anticipates a narrowed loss for the six months ending September 30, 2025. The company expects attributable losses to shareholders of approximately HK$225 million to HK$265 million, compared to a loss of HK$293 million in the same period last year.
Despite recognizing a net loss of around HK$143 million from the disposal of a subsidiary holding the investment property at 37 Island Road, Deep Water Bay, Hong Kong (as disclosed on June 19, 2025), the group still projects a reduced loss for the period. This improvement is primarily attributed to a decrease in fair value losses on investment properties and lower impairment provisions for properties under development.
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