ORIENTAL EXPL (00430) issues a profit warning, expecting that integrated profit attributable to shareholders for the first half of the year will decrease to approximately HK$3 million to HK$3.2 million.

ORIENTAL EXPL (00430) announced that it expects the group to achieve a consolidated profit attributable to shareholders of approximately HKD 3 million to HKD 3.2 million for the six months ending June 30, 2026, compared to a consolidated profit attributable to shareholders of approximately HKD 4.3 million for the six months ended June 30, 2025. The expected decrease in profit for this period is primarily due to a decline in rental income from the group's commercial and industrial property portfolio compared to the same period in 2025. Despite the anticipated reduction in profits, the Board believes that the group's overall financial position remains robust.