Shenzhen Holdings (00604.HK) issued a profit warning, expecting a substantial increase in comprehensive losses attributable to equity shareholders in the first half of the year to about 2.5 billion to 2.7 billion Hong Kong dollars.

The Yicai Finance APP reported that Shenzhen Holdings (00604.HK) announced that it had incurred impairment losses of approximately HK$1.3 billion on the book value of its equity in Lojing Construction Limited (01098.HK), its Hong Kong-listed joint venture company, as of June 30, 2025. It is expected that the group will report a comprehensive loss attributable to equity shareholders of approximately HK$2.5 billion to HK$2.7 billion in the first half of 2025. In the same period of 2024, the group reported a comprehensive loss attributable to equity shareholders of approximately HK$1.1 billion.