Jiu Rong Holding (02358) issues profit warning, expecting the mid-term shareholders' attributable loss to be no more than HK$9 million, with a year-on-year reduction.

18:11 20/02/2026

Guorong Holdings (02358) announced that the group is expected to incur a net loss of no more than HK$9 million for the six months ending on December 31, 2025, while the net loss for the six months ending on June 30, 2024, was approximately HK$20.8 million for the company's owners.

Jiu Rong Holdings Limited (02358) announced that it is expected to incur a loss not exceeding HK$9 million for the six months ending on December 31, 2025, while it incurred a loss of approximately HK$20.8 million for the six months ending on June 30, 2024. The Board of Directors believes that the decrease in loss is mainly attributed to the profit generated from the sale of 5.22% of the issued share capital of Hangzhou East Software Park Limited (stock code: 832968, listed on the National SME Share Transfer System), which offset the accounts payable.

TIME INTERCON (01729) completes the sale of 108 million shares, raising approximately HK$1.635 billion.

Metallurgical Corporation of China (01618) repurchased 237,000 shares for 442,000 Hong Kong dollars on February 20th.

CONCORD NE (00182) intends to purchase approximately $56.61 million worth of energy storage equipment.

TIME INTERCON (01729) completes the sale of 108 million shares, raising approximately HK$1.635 billion.

Metallurgical Corporation of China (01618) repurchased 237,000 shares for 442,000 Hong Kong dollars on February 20th.

CONCORD NE (00182) intends to purchase approximately $56.61 million worth of energy storage equipment.