China Wantian Holdings (01854) is expected to achieve a net loss of about HK$27 million to HK$30 million in the medium term, narrowing 36% to 42% year over year

According to the Zhitong Finance App, China Wantian Holdings (01854) announced that the Group expects to achieve a net loss of approximately HK$27 million to HK$30 million in the six months ending June 30, 2026 (reporting period), which is narrower than the net loss of about HK$46.9 million for the six months ended June 30, 2025, a decrease of about 36% to 42%.

The decrease is mainly due to (i) the reduction in staff costs in the Food Service Division due to the closure of some restaurants; and (ii) the reduction in depreciation of the Food Service Division's property, plant and equipment, and right-of-use assets, due to the fact that all such assets have been depreciated in the financial year ended 31 December 2025 (the previous fiscal year).