CHI ECO LAND MT (08507) Issues Profit Warning, Expects Interim Loss Attributable to Shareholders of Not More Than HK$8 Million

date
21:04 12/11/2026
avatar
GMT Eight
CHI ECO LAND MT (08507) announced that the Group expects to record a loss attributable to owners of the Company of not more than HK$8 million for the six months ended September 30, 2026, compared with a profit attributable to owners of the Company of approximately HK$4.4 million for the six months ended September 30, 2025. The expected turnaround from profit to loss for the period is mainly due to revenue being under pressure amid macroeconomic headwinds, with persistently high inflation and persistently elevated interest rates severely weakening consumer purchasing power, coupled with the Group's strategic shift toward customers with higher gross profit margins, resulting in an overall decline in gross profit despite an improvement in gross profit margin; as well as an increase in operating expenses, reflecting the Group's strengthened investment in talent and leased office premises to support its strategy and long-term competitiveness in a challenging operating environment.
CHI ECO LAND MT (08507) announced that the Group expects to record a loss attributable to owners of the Company of not more than HK$8 million for the six months ended September 30, 2026, compared with a profit attributable to owners of the Company of approximately HK$4.4 million for the six months ended September 30, 2025. The expected turnaround from profit to loss for the period was primarily due to revenue being under pressure amid macroeconomic headwinds, with persistently high inflation and persistently elevated interest rates severely weakening consumer purchasing power, coupled with the Group's strategic shift toward customers with higher gross profit margins, which resulted in an overall decline in gross profit despite an improvement in gross profit margin; as well as an increase in operating expenses, reflecting the Group's increased investment in talent and leased office premises to support its strategy and long-term competitiveness in a challenging operating environment.