Yongfeng Group Holdings (01549.HK) issues a profit warning, expecting a approximately 90% decline in profit attributable to shareholders for the first half of the year.

Zhitong Finance APP news, Yongfeng Group Holdings (01549.HK) announced that the group expects a decline of approximately HKD 6.9 million in profit attributable to equity holders of the company for the six months ending June 30, 2026, compared to approximately HKD 7.7 million for the same period in 2025 (a decrease of about 90%). The primary reason for this decline is the decrease in other income, particularly the net loss from financial assets measured at fair value through profit or loss, whereas the same period last year reported a net gain, along with a reduction in government subsidies received.