Shenzhen Investment Limited released a profit warning indicating an expected unaudited consolidated net loss attributable to equity shareholders of approximately HK$1.90 billion to HK$2.10 billion for the six months ended 30 June 2026. This compares with a HK$2.62 billion loss for the same period in 2025.
Management attributed the reduced loss to three primary factors:
1. Lower losses and impairment charges related to associates, which provided the largest positive impact. 2. Higher write-downs of inventories during the period. 3. A decline in gross profit margin on properties completed and delivered.
The benefit from the first factor outweighed the negatives from the latter two, resulting in the anticipated year-on-year improvement.
The figures are based on preliminary unaudited management accounts and have not yet been reviewed by the company’s audit committee or independent auditor. Final interim results are scheduled for release by the end of August 2026.
The board advises shareholders and potential investors to exercise caution when dealing in the company’s securities.