Cang Hai Holdings (02017.HK) issued a profit warning, expecting that the company's attributable profit for the first half of the year will decrease to approximately 2 million to 8 million yuan.

According to the Zhitong Finance APP, Cang Hai Holdings (02017.HK) announced that the group expects to achieve an attributable profit of approximately 2 million to 8 million yuan in the first half of 2026, compared to an attributable profit of approximately 15.5 million yuan for the same period in 2025. The expected decrease in profit is primarily due to the downturn in the construction industry in mainland China, which has led to a decline in overall construction project revenue.