SHIN HWA WORLD (00582) issues a profit warning, expecting a comprehensive net loss in the first half of the year to decrease by about 60% to 75% compared to the same period last year.

SHIN HWA WORLD (00582) announced that the group expects its consolidated net loss in the first half of 2026 to decrease by approximately 60% to 75% year-on-year. The notice states that the anticipated reduction in consolidated net loss during this period is mainly due to: (i) an increase in consolidated income, particularly from the group's integrated resort business; (ii) an increase in the fair value of investment properties; and (iii) recovery of tax payments made in previous years. As of the date of this announcement, the group is still evaluating (if necessary) any impairment losses related to intangible assets. Considering any potential impairment that may need to be recognized, it is expected that the consolidated net loss for this period will decrease by approximately 60% to 75% compared to the same period in 2025.