China Star Group (00326) issued a profit warning. It is expected that losses attributable to shareholders in the medium term will be reduced by about 44% to 55% year-on-year from about HK$50 million to HK$62 million

According to the Zhitong Finance App, China Star Group (00326) announced that the Group expects the loss attributable to the Company's owners to be between HK$50 million and HK$62 million for the six months ending June 30, 2026, a decrease of about 44% to 55% from the loss attributable to the Company's owners of HK$111 million for the six months ending June 30, 2025.

According to the initial review of the Group's unaudited comprehensive management accounts for the six months ended June 30, 2026 and current information obtained by the Board of Directors, the loss reduction was mainly due to property inventory deductions reduced to approximately HK$16 million (6 months ended June 30, 2025: HK$43.94 million); revenue and corresponding marketing, sales and issuance expenses were reduced by about 60% to 70%, but gross margin improved and administrative expenses also declined.