OCT (Asia) (03366) issued a profit warning, expecting a net loss attributable to shareholders for the fiscal year not exceeding 1.8 billion yuan.

OCT (Asia) (03366) announced that the expected loss attributable to equity holders of the Company for the year ending on December 31, 2025 (2025 fiscal year) shall not exceed RMB 1.8 billion. Compared to the loss of approximately RMB 170 million for the year ended on December 31, 2024, the increase in loss is mainly due to: (i) the one-time investment income realized from the sale of equity in a comprehensive development project in 2024, which did not occur in 2025; (ii) in order to enhance the Company's liquidity, optimize resource allocation, and dynamically adjust its operational and sales strategies according to market conditions, impairment losses were recognized for inventories and construction in progress of certain comprehensive development projects in 2025, as well as investment losses confirmed and impairment losses recognized for investments in certain joint ventures.