CCT FORTIS (00138) issues a profit warning, expecting a comprehensive loss attributable to shareholders of approximately HK$120 million to HK$140 million for the first half of the year.

CCT FORTIS (00138) announced that the Group expects to report an unaudited consolidated net loss attributable to equity holders for the six months ending June 30, 2026, in the range of approximately HKD 120 million to HKD 140 million, compared to an unaudited consolidated net loss attributable to equity holders of approximately HKD 210 million for the first half of 2025. The Board believes that the expected decrease in the unaudited consolidated net loss for the current period is mainly due to: (i) a reduction of approximately HKD 73 million in impairment losses on properties classified as held for sale, down from approximately HKD 99 million in the first half of 2025, to approximately HKD 26 million for the current period; (ii) a decrease in administrative expenses of approximately HKD 22 million due to the sale in July 2025 of a subsidiary engaged in landscape design services, floral retail, and catering business.