Nanhua Group Holdings (00413) is forecasting a net loss of approximately HK$400 million to HK$500 million for the medium term

According to the Zhitong Finance App, Nanhua Group Holdings (00413) announced that the Group expects to record a significant net loss of approximately HK$400 million to HK$500 million for the six months ending June 30, 2026 (this period), while a net loss of approximately HK$90 million was recorded for the same period in 2025.

The anticipated losses for the period are mainly due to (i) net fair value losses for investment properties, reflecting the weakness of the relevant property market; (ii) provisions for inventory write-offs, credit losses on trade receivables, and the write-off of property, plant and equipment; and (iii) operating losses in the Group's OEM toy manufacturing business.