China Development Holdings(00475.HK): Estimated Annual Net Loss Widens to HK$25 Million - HK$27 Million

NewTimeSpace News: On June 15, 2026, China Development Holdings (00475.HK) released a profit warning. Based on a preliminary review of the unaudited consolidated management accounts, the net loss attributable to company owners for the current year is projected at HK$25 million to HK$27 million.

The wider loss is mainly attributed to three factors. First, gains from fair value changes of derivative financial instruments linked to convertible bonds dropped sharply from HK$14.9 million in the previous year to around HK$1.6 million. Second, operating revenue declined. Third, other income decreased, including rental income from investment properties.

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