CHINA HK POWER (00931) Issues Profit Warning, Expects Interim Loss Attributable to Shareholders of HK$45 Million to HK$60 Million

CHINA HK POWER (00931) announces that the Group expects to record a loss attributable to owners of the Company ranging from HK$45 million to HK$60 million for the six months ended September 30, 2026 (the current interim period), compared with a loss attributable to owners of the Company of approximately HK$71 million recorded in the interim results for the six months ended September 30, 2025 (the corresponding interim period). The Board considers that the expected decrease in loss is mainly attributable to the combined effect of the following: (i) the new energy business turning from a segment loss of approximately HK$3 million in the corresponding interim period to a segment profit of approximately HK$12 million in the current interim period; (ii) a reversal of impairment loss on trade receivables of approximately HK$6 million; and (iii) an increase in share-based payment expenses of approximately HK$15 million.