RENHENG ENT (03628) issued a profit warning, expecting a mid-term profit of approximately HKD 6 million to about HKD 8 million.

19:08 19/08/2026

Rin Heng Industrial Holdings (03628) announced that the Group expects to record a profit of approximately HKD 6 million to HKD 8 million for the six months ending June 30, 2026 (the relevant period), compared to a profit of approximately HKD 13.1 million for the six months ending June 30, 2025 (the corresponding period). It is anticipated that the Group's net profit during the relevant period will decline compared to the corresponding period. This decline is mainly due to intense price competition among bidders and clients' budget reductions, which have led to a significant decrease in contract selling prices during the relevant period, resulting in a substantial reduction in revenue generated from blending tobacco flavors and fragrance machinery products that have a relatively high gross profit margin (which accounts for a significant proportion of total revenue).

RENHENG ENT (03628) announced that the Group expects to record a profit of approximately HKD 6 million to HKD 8 million for the six months ending June 30, 2026 (the relevant period), compared to a profit of approximately HKD 13.1 million for the six months ended June 30, 2025 (the corresponding period). The Group anticipates that its net profit during the relevant period will decline compared to the corresponding period. The expected decline is primarily due to significant decreases in contract prices during the relevant period caused by price competition among bidders and clients budget cuts, leading to a substantial reduction in revenue from the high-margin tobacco flavoring and aroma mixing and enhancement machinery products, which represent a significant portion of total revenue.

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