Sino Harbour Holdings Group Limited released a profit warning indicating a projected loss attributable to owners of not less than RMB120.00 million for the financial year ended 31 March 2026. This marks a sharp reversal from the RMB18.90 million profit recorded in FY2025.
Management attributes the anticipated downturn to two principal factors:
1. A decline in revenue from property sales, driven by lower deliveries of residential units and car-park spaces. 2. An increase in net fair value loss on the Group’s investment properties during the year.
The figures are based on unaudited management accounts and may be adjusted when the audited results are finalized. The company plans to publish its full annual results by end-June 2026, in accordance with Hong Kong listing regulations.
Sino Harbour advises shareholders and potential investors to exercise caution when dealing in the company’s securities pending the release of the audited financial statements.
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