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SEM HLDGS (09929.HK) Expects Interim Loss of No Less Than HKD50 million
2026-08-09 19:25:55
SEM HLDGS (09929.HK) issued a profit warning, expecting a net loss of no less than HKD50 million for the six months ended June, compared with a net profit of HKD200,000 in the corresponding period last year. The turnaround to loss was mainly due to an expected increase in impairment losses under the expected credit loss model, and a decline in gross profit margin of the electrical and mechanical engineering business. (de/d)~

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