CTIHK (SEHK: 06055) has issued a profit alert, forecasting a decline in both revenue and profit for the first half of the year.
Compared to the corresponding period in 2025, the group expects revenue for the six months ending June 30, 2026 to decrease by approximately 25% to 30%.
Profit attributable to the company's equity holders for the period is anticipated to fall by roughly 10% to 15%.
The projected decreases are primarily attributed to two key factors within its core business segments.
For its leaf tobacco import business, the volume of tobacco imported from regions such as the United States has declined year-on-year due to factors including international trade relations and shipment scheduling, leading to lower revenue and gross profit from this segment.
Regarding its cigarette export business, revenue has been negatively impacted by a temporary adjustment in the operational processes of the domestic duty-free market, which has caused delays in cigarette shipments to that market.
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