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SHENZHEN INT'L (00152.HK) Forecasts Swing to Loss, 1H26 Loss May Reach HKD240 million
2026-08-09 20:14:15
SHENZHEN INT'L (00152.HK) issued a profit warning, forecasting a loss of between HKD190 million and HKD240 million for the six months ended June, compared with a profit of HKD490 million in the corresponding period last year. The expected deterioration was mainly due to fair value change losses recorded on certain investment properties held by the company; a 50%-owned associate swinging from profit to loss; and the absence of any profit from land preparation and development as well as gains related to asset injection into funds during the period. (de/d)~

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