KONG SUN HOLD (00295) issues profit warning, expecting a mid-term net loss of approximately 40 million to 50 million yuan.

KONG SUN HOLD (00295) announced that the group expects to incur a net loss of approximately RMB 40 million to RMB 50 million for the six months ending June 30, 2026, compared to a net loss of approximately RMB 14.626 million for the six months ended June 30, 2025. The anticipated increase in the net loss for the period is mainly attributable to the following factors: an increase in litigation-related compensation expenses of approximately RMB 58 million; an increase in share of profits from associates of approximately RMB 19 million; and a decrease in gross profit of approximately RMB 5 million.