Country Garden Holdings Co., Ltd. (02239.HK) issued a profit warning, expected to incur a net loss of not more than $16 million in the mid-term compared to a profit in the same period last year.

The Zhitong Finance APP reported that National Micro Holdings (02239.HK) announced that, compared with the net profit of approximately $15.1 million for the six months ending June 30, 2024, the group expects to incur a net loss of no more than $16 million for the six months ending June 30, 2025.