Yingli (06838) issues a profit warning, expecting a mid-term loss of HKD 45 million to HKD 50 million.

Zhizhong Finance APP reported that Profit Times (06838) announced that the board expects the group to record a loss of between HKD 45 million and HKD 50 million for the six months ending June 30, 2026 (this period) (2025: HKD 13.821 million). The loss for this period is mainly attributed to (1) a decrease in revenue due to sluggish demand; (2) a decline in overall gross profit margin due to intense market competition; and (3) provisions for severance payments and other employee claims under the streamlined workforce program.