Shenzhen Holdings(00604.HK)Profit Warning: Expected net loss attributable to equity shareholders for the fiscal year 2025 to be between HKD 4.3 billion and HKD 4.5 billion

NightAirdropper · 2026-03-27T22:07:02+00:00

Shenzhen Holdings expects the consolidated unaudited loss attributable to equity shareholders for the 2025 fiscal year to be approximately HK$4.3 billion to HK$4.5 billion, an increase from 2024, mainly due to losses from associates, impairment of real estate, and fair value changes in investment properties.

NightAirdropper

2026-03-27 22:07:02

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Gelonghui, March 24丨Shenzhen Holdings (00604.HK) announced that for the year ending December 31, 2025 (“fiscal year 2025”), the group expects to record an unaudited consolidated loss attributable to equity shareholders ranging from approximately HKD 4.3 billion to HKD 4.5 billion, compared to an audited consolidated loss attributable to equity shareholders of approximately HKD 1.823 billion for the year ending December 31, 2024.

The announcement states that the anticipated significant increase in net loss attributable to equity shareholders is primarily due to (i) an increase in the group’s share of losses from an associated company in fiscal year 2025; (ii) an increase in impairment provisions recognized by the group for real estate projects in fiscal year 2025; and (iii) an increase in losses resulting from changes in the fair value of investment properties recognized by the group in fiscal year 2025.

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