GHPC (01847) issued a profit warning, anticipating a net loss of approximately 49.6 million yuan for the first half of the year, an increase compared to the same period last year.

Yunnan Construction Investment Concrete (01847) announced that the Group anticipates a net loss of approximately RMB 49.6 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 20.7 million for the six months ending June 30, 2025. The primary reason for the expected loss is that in the first half of 2026, despite the Group's total operating revenue increasing to approximately RMB 655.5 million (an increase of about 17.7% compared to the first half of 2025), the Group will need to recognize credit impairment losses of approximately RMB 83.3 million on receivables due to a large base of receivables, which represents an increase of about RMB 60.6 million compared to the credit impairment losses recognized on receivables in the first half of 2025 (RMB 22.7 million).