HUAYUEXPRESSWAY (01823) issues profit warning, expecting a mid-term shareholder loss of approximately 34.5 million to 38.1 million yuan.
Hua Yu Expressway (01823) announced that the group expects to achieve revenue of approximately RMB 59.5 million to RMB 65.7 million for the six months ending June 30, 2026, compared to revenue of approximately RMB 75.8 million for the six months ending June 30, 2025. The group also anticipates a loss attributable to shareholders of approximately RMB 34.5 million to RMB 38.1 million, while the loss attributable to shareholders for the six months ending June 30, 2025, was approximately RMB 23.3 million. The expected decrease in revenue and increase in loss attributable to shareholders are primarily due to the continuous contraction of the Chinese consumer market, resulting in a significant reduction in liquor sales, and provisions for severance pay during the period related to the Qingping Expressway (which ceased toll collection from July 2026).
HUAYUE XPRESSWAY (01823) announced that the Group expects to achieve revenue of approximately RMB 59.5 million to RMB 65.7 million for the six-month period ending June 30, 2026, compared to approximately RMB 75.8 million for the six-month period ending June 30, 2025. The Group also anticipates a loss attributable to shareholders of approximately RMB 34.5 million to RMB 38.1 million, while the loss attributable to shareholders for the six-month period ending June 30, 2025, was approximately RMB 23.3 million. The expected decrease in revenue and increase in loss attributable to shareholders are mainly due to the continued contraction of the Chinese consumer market resulting in a significant decline in liquor sales, as well as the provision for severance pay related to the Qingping Expressway (which ceased toll collection starting July 2026).
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