GOLDPAC GROUP (03315) has issued a profit warning, expecting annual profit attributable to shareholders to swing from profit to loss.

GOLDPAC GROUP (03315) has issued an announcement that the Board expects the Company's revenue for the year ended December 31, 2026 to decrease by approximately 5% to 15% compared with the revenue for the year ended December 31, 2025 (approximately RMB931 million); and the Board expects that, compared with the annual profit attributable to owners of the Company for the year ended December 31, 2025 (approximately RMB40 million), the annual profit attributable to owners of the Company for the year ended December 31, 2026 will turn from profit to loss. Calculated by reference to the absolute amount of the annual profit attributable to owners of the Company for the preceding year, the percentage decrease in the annual profit attributable to owners of the Company for the year ended December 31, 2026 is approximately 200% to 250%. The expected decrease in revenue for the year ended December 31, 2026 and the expected loss attributable to owners of the Company for the period are mainly attributable to intensified market competition; an increase in impairment provisions made against the Group's assets such as properties and inventories; and exchange losses resulting in a book loss for the current period.