GREENLAND HK (00337) issues a profit warning, expecting an attributable loss to owners of approximately RMB 1.4 billion to RMB 1.6 billion for the first half of the year.
Greenland Hong Kong (00337) announced that the group expects to incur a loss attributable to shareholders of approximately RMB 1.4 billion to RMB 1.6 billion in the first half of 2026, while a loss attributable to shareholders of approximately RMB 540 million was recorded for the six months ending June 30, 2025. The losses are primarily due to a decrease in revenue from property deliveries and a reduction in gross profit margin, impacted by the downturn in the real estate industry.
GREENLAND HK (00337) announced that the group expects to report a loss attributable to company owners of approximately RMB 1.4 billion to RMB 1.6 billion in the first half of 2026, while for the six months ended June 30, 2025, it recorded a loss attributable to company owners of approximately RMB 540 million. The loss is mainly due to a decrease in property delivery revenue and gross margin resulting from the downturn in the real estate industry.
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