CHINA HK POWER (00931) issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately HK$50 million to HK$65 million.

CHINA HK POWER (00931) announced that the group estimates that for the 6-month period ending on September 30, 2024 (the current interim period), the company's owners' share of losses may be approximately between 50 million to 65 million Hong Kong dollars, compared to a loss of approximately 47 million Hong Kong dollars for the corresponding interim period ending on September 30, 2023. This change is primarily due to the group making a provision of approximately 7 million Hong Kong dollars for a one-time fine related to a legal lawsuit during the current interim period.