NEWAY GROUP (00055) issues profit warning, expecting a mid-term loss of approximately HKD 30 million to 45 million.
Zhongxing Group Holdings (00055) announced that the Group expects to incur a loss of approximately HKD 30 million to HKD 45 million in the first half of 2026, compared to a loss of about HKD 22.8 million in the first half of 2025. The board believes that the loss expected in the first half of 2026 is mainly due to: a decrease in revenue from the manufacturing and sales business classification; and losses from property development, property investment, and the manufacturing and sales business in the first half of 2026.
NEWAY GROUP (00055) announced that the group expects to incur a loss of between approximately HKD 30 million and HKD 45 million in the first half of 2026, compared to a loss of about HKD 22.8 million in the first half of 2025. The Board believes that the losses anticipated in the first half of 2026 are primarily attributable to: a decrease in classified revenue from manufacturing and sales operations; and classified losses from property development, property investment, and manufacturing and sales operations in the first half of 2026.
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