Shunhao Properties (00219) issued a profit warning, expecting its interim net loss attributable to owners to decrease to approximately HKD 44 million to HKD 46 million after tax.
Zhitong Finance APP reported that Shunhao Properties (00219) announced an expected net loss attributable to owners of approximately HKD 44 million to HKD 46 million for the mid-term of 2026. In the same period last year, the net loss attributable to owners after tax was approximately HKD 138 million. The reduction in loss is mainly attributed to a decrease in the fair value of investment properties of approximately HKD 68 million during the mid-term of 2026, compared to a decrease of approximately HKD 155 million during the mid-term of 2025.
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