Tang Palace China (01181.HK) issued a profit warning, expecting a mid-term loss attributable to shareholders of between 4 million and 9 million yuan, a year-on-year narrowing.

Zhizhong Finance APP News, Tang Gong China (01181.HK) announced that it expects the Group's loss attributable to the owners of the Company for the six months ending June 30, 2026, to be between RMB 4 million and RMB 9 million, compared to a loss of approximately RMB 18.2 million for the six months ending June 30, 2025. The expected loss narrowing is mainly due to the combined effects of the following factors: (i) a significant decrease in the fair value loss of financial assets recognized at fair value through profit or loss during the period; (ii) a reduction in employee costs; however, some of this has been offset by (iii) a decline in revenue caused by a decrease in both per capita consumer spending and dine-in traffic.