Great China Holdings(00021.HK) Profit Warning: Expecting a loss of HKD 145 million to HKD 160 million in 2025

NightAirdropper · 2026-03-27T14:39:45+00:00

Greater China Holdings expects a loss of approximately HKD 145 million to HKD 160 million for the year 2025, mainly due to decreased property sales, foreign exchange losses on financial liabilities, fair value losses on investment properties, and goodwill impairment.

NightAirdropper

2026-03-27 14:39:45

Abstract generation in progress

Gelunhui, March 25丨China Greater China Holdings (00021.HK) released an announcement. For the year ended December 31, 2025, the Group expects to record a loss of approximately HK$145 million to HK$160 million for the year, compared with a profit of approximately HK$17 million recorded for the same period last year. This is mainly attributable to (i) the Group’s revenue from property sales decreasing by approximately HK$72 million compared with the same period last year; (ii) foreign exchange losses of approximately HK$42 million recorded by the Group upon translating its financial liabilities during the year (compared with foreign exchange gains of approximately HK$27 million recorded for the same period last year); (iii) a fair value loss of approximately HK$38 million on investment properties recorded during the year; and (iv) a goodwill impairment loss of approximately HK$45 million recorded during the year.

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