China Wantian Holdings Limited issued a profit warning indicating a reduced net loss for the six months ended 30 June 2026. Management projects a loss in the range of HK$27.00–30.00 million, marking an improvement of approximately 36%–42% from the HK$46.90 million loss recorded in the corresponding period of 2025.
The contraction in losses is primarily attributed to two factors: 1. Lower staff expenses following the closure of certain restaurants within the catering services segment. 2. A decline in depreciation charges on property, plant and equipment and right-of-use assets, as those assets were fully impaired during the financial year ended 31 December 2025.
The interim results are still under preparation and have neither been audited nor reviewed by the company’s auditors or audit committee. China Wantian plans to release its detailed interim report by the end of August 2026, in compliance with Hong Kong Listing Rules.
Shareholders and potential investors are advised to exercise caution when trading the company’s shares pending the official interim release.
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