Zhuang Shi China (00298) expects losses attributable to shareholders in the medium term to range from approximately HK$10 million to profit of approximately HK$5 million

Zhitongcaijing · 2d ago

According to the Zhitong Finance App, Zhuang Shi China (00298) announced that the Group expects to reduce losses in the six months ending September 30, 2026. The losses attributable to holders who have obtained the Company's rights range from about HK$10 million to profit of about HK$5 million, while losses of about HK$62 million were recorded in the same period last year. According to an analysis of currently available unaudited financial data, the reduction in losses was mainly due to (i) confirmation that revenue and profit from Ap Lei Chau Shean property sales in Hong Kong increased during the period compared to the same period last year; and (ii) no impairment provision for the transfer of debt relating to the Chengdu project in the People's Republic of China was obtained in the same period last year.