HANFORT DEV H(00361) issued a profit warning, expecting a shareholders' share of losses of HK$24 million to HK$26 million in 2025.

16:57 11/03/2026

Han Cheng Development Holdings (00361) announced that it is expected to incur a net loss attributable to owners of the company of between HK$24 million and HK$26 million for the financial year ending December 31, 2025, compared to around HK$2.4 million for the year 2024. The increase in expected loss for this year is mainly attributed to the high tariffs imposed by the United States on golf products from China, leading to a sluggish consumer market and putting pressure on the group's gross profit, resulting in a significant reduction in confirmed revenue.

HANFORT DEV H(00361) announced that it is expected to incur a net loss attributable to owners of the company of approximately HK$240 million to HK$260 million for the financial year ending on December 31, 2025, compared to approximately HK$2.4 million for the financial year 2024. The expected increase in loss for the current year is mainly due to the high tariffs imposed by the United States on golf products from China, leading to a sluggish consumer market and putting pressure on the Group's operating margins, resulting in a significant decrease in realized revenues.

Huaneng Power (00902) has successfully issued 2 billion yuan in short-term financing bonds.

Yum China (09987) spent HK$7.72 million on March 10 to repurchase 18,600 shares.

CR MEDICAL (01515): Fang Xin appointed as non-executive director.

Huaneng Power (00902) has successfully issued 2 billion yuan in short-term financing bonds.

Yum China (09987) spent HK$7.72 million on March 10 to repurchase 18,600 shares.

CR MEDICAL (01515): Fang Xin appointed as non-executive director.