Yibangxing Holdings (00599.HK) issued a profit warning, expecting an annual pre-tax loss of approximately HK$23 million to HK$25 million, an increase from the previous year.

date
02/06/2026
Zhixin Finance APP news, China Everbright Limited (00599.HK) announced that the group expects to have a pre-tax loss of approximately 23-25 million Hong Kong dollars for the fiscal year ending March 31, 2026 (current year), compared to a pre-tax loss of approximately 11.9 million Hong Kong dollars for the fiscal year ending March 31, 2025. The expected loss is mainly attributed to a non-cash impact of approximately 17.8 million Hong Kong dollars generated by the revaluation of investment properties, including a revaluation loss of approximately 12.3 million Hong Kong dollars and related depreciation of approximately 5.5 million Hong Kong dollars (compared to 19.4 million Hong Kong dollars in 2025); a decrease in revenue to approximately 340 million Hong Kong dollars (compared to 457.8 million Hong Kong dollars in 2025); gross profit of approximately 128 million Hong Kong dollars, representing a decrease of approximately 19.8%; and operating expenses being effectively managed through ongoing cost control measures, which help alleviate some of the adverse impacts of the decrease in gross profit.