Z FIN (01168) issued a profit warning, expecting the mid-term loss attributable to shareholders not to exceed 200 million Hong Kong dollars.

Z FIN (01168) announced that the group expects to record a loss attributable to company owners of no more than HKD 200 million for the six months ending June 30, 2026, compared to a loss of approximately HKD 507.1 million for the six months ending June 30, 2025. The reduction in losses is mainly due to the net effects of the following factors: (i) a fair value loss of approximately HKD 497.9 million recognized for non-recurring convertible bonds for the six months ending June 30, 2025; (ii) profits generated from the sale of properties for the six months ending June 30, 2026 (despite substantial land value increase tax being incurred); and (iii) a significant decrease in the fair value of the groups investment properties for the six months ending June 30, 2026.