Shenzhen Holdings expects a net loss attributable to shareholders of HKD 4.3 billion to HKD 4.5 billion for the fiscal year 2025.

NightAirdropper · 2026-03-28T04:30:32+00:00

Shenzhen Holdings Limited expects to record an unaudited consolidated loss of HKD 4.3 billion to HKD 4.5 billion for the fiscal year 2025, significantly increased from HKD 1.823 billion in 2024, mainly due to losses from associates, impairment of real estate projects, and fair value losses on investment properties. The official results announcement is expected to be released by the end of March 2026.

NightAirdropper

2026-03-28 04:30:32

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Rui Si Network News: On March 24, Shenzhen Holdings Limited (stock code: 00604) issued a profit warning. Based on the management’s preliminary review of the unaudited consolidated management accounts for the year ending December 31, 2025, it is expected that the fiscal year 2025 will record an unaudited consolidated loss attributable to equity shareholders of approximately HKD 4.3 billion to HKD 4.5 billion, a significant increase from the loss of approximately HKD 1.823 billion in fiscal year 2024. The increase in loss is mainly due to the rise in losses from joint ventures, increased impairment provisions for real estate projects, and losses from changes in the fair value of investment properties. The company is in the process of determining the final results and expects to publish the official performance announcement by the end of March 2026.

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