GREAT HARVEST (03683) issues profit warning, expecting a mid-year shareholders' deficit of not less than approximately $3.1 million USD, a decrease of approximately 58.7% year-on-year.

GREAT HARVEST (03683) announced that the Group is expected to incur a net loss attributable to owners of the Company of not less than approximately 3.1 million US dollars for the reporting period (six months ended September 30, 2025). This represents a decrease of approximately 4.4 million US dollars or 58.7% compared to the net loss of approximately 7.5 million US dollars for the six months ended September 30, 2024 (same period last year). The significant decrease in the net loss attributable to owners of the Company during the reporting period was primarily due to the following factors: (i) a decrease in loss on disposal of properties, plants, and equipment of approximately 2.4 million US dollars; and (ii) a reversal of impairment loss provision on properties, plants, and equipment of approximately 1.1 million US dollars during the reporting period, compared to a provision for impairment loss on properties, plants, and equipment of approximately 1.1 million US dollars in the same period last year.