Greenland Hong Kong Holdings Limited (Greenland HK) has issued a profit warning for the six months ended 30 June 2026 (HY2026), projecting a loss attributable to owners of RMB1.40 billion–RMB1.60 billion. This compares with a RMB0.54 billion loss recorded in the corresponding period of 2025, signalling an expected year-on-year deterioration of roughly 160%–196%.
Management attributes the anticipated setback primarily to continued weakness in China’s real estate market, which has led to lower revenue from property deliveries and a compressed gross profit margin throughout the first half of 2026.
The disclosed figures are based on an unaudited management review and may be subject to adjustment. Greenland HK plans to release its full interim results by the end of August 2026.
Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares, as noted by the board chaired by Luo Weifeng.
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