Grand Field Group Holdings Limited released a profit warning indicating an expected loss attributable to shareholders of HK$18.00 million–HK$24.00 million for the six months ended 30 June 2026 (1H 2026), versus a HK$6.10 million loss in the prior-year period.

The projected deterioration stems chiefly from two factors: 1. 1H 2025 included a one-off disposal gain of HK$60.60 million from Ka Fong Industrial Company Limited, which will not recur in 1H 2026. 2. Group revenue is anticipated to contract 60% year-on-year to about HK$60.90 million, reflecting weaker property sales amid a challenging macroeconomic backdrop and sluggish demand recovery in Mainland China.

Several mitigating items will partly offset the adverse impact: • Fair-value losses on investment properties are expected to shrink 86%, compared with HK$92.20 million in 1H 2025. • Gross profit margin is set to rise to roughly 24%, up from 8% a year earlier, due to lower marked-to-market costs of properties sold. • No impairment loss on properties for sale is anticipated, versus HK$12.70 million previously. • Selling, distribution and administrative expenses are projected to decline 40% to around HK$22.90 million, reflecting cost-structure optimisation.

Grand Field noted that these figures are based on preliminary unaudited management accounts and may be adjusted. The interim results are scheduled for release on 28 August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.