Jingteng Group (02011.HK) issued a profit warning, expecting a mid-term profit of approximately HKD 17 million.

According to Zhitong Finance APP, Jinteng Group (02011.HK) announced that it expects a profit of approximately HKD 17 million for the six months ending June 30, 2026, compared to a profit of approximately HKD 31 million for the six months ending June 30, 2025. The expected decrease in profit is mainly due to (including) (i) the completion of the sale of Kaiyi (Hubei) Zipper Manufacturing Co., Ltd. during the period, resulting in a decrease in profit from the Group's zipper business, and (ii) after the renewal of the sublease for Jia Jin Long Automotive City in September 2025, the Group provided certain discounts to tenants at Jia Jin Long Automotive City, leading to a decrease in income from property investments and property management services.