CHINA TING (03398) issued a profit warning, expecting a net loss of no more than HK$128 million in the first half of the year.
Huading Holdings (03398) announced that the group expects to incur a net loss of no more than HKD 128 million for the six-month period ending June 30, 2026, compared to a net loss of HKD 64.4 million for the six-month period ending June 30, 2025 (first half of 2025). The net loss for the first half of 2026 is expected to increase by no more than HKD 63.6 million or 98.8% compared to the first half of 2025. The increase in net loss for the first half of 2026 is primarily due to a reduction of government subsidies by HKD 60 million during this period. Revenue from China's retail business has declined. Due to weak consumer demand and spending power, the group's retail business in mainland China experienced negative growth in the first half of 2026.
CHINA TING (03398) announced that the Group expects to incur a net loss of no more than HKD 128 million for the six months ending June 30, 2026, compared to a net loss of HKD 64.4 million for the six months ended June 30, 2025 (the first half of 2025). The net loss for the first half of 2026 is expected to increase by no more than HKD 63.6 million or 98.8% compared to the first half of 2025. The increase in net loss for the first half of 2026 is primarily due to a decrease of HKD 60 million in government subsidies during this period. Additionally, revenue from retail operations in China has declined. Due to weak consumer demand and purchasing power, the Group's retail business in mainland China experienced negative growth in the first half of 2026.
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