CNT GROUP(00701.HK): 1H Loss Narrows to HK$15–17 mn, Down 53%–59% YoY

NewTimeSpace News:CNT GROUP (00701.HK) issued a profit warning, expecting a shareholders' loss attributable to shareholders of HK15–17mnforthesixmonthsended30June2026,narrowing5315–17mnforthesixmonthsended30June2026,narrowing5336.6 mn in the prior-year period. The improvement was mainly driven by a reduced net fair value loss on investment properties and a smaller loss from subsidiary CPM GROUP.​​
NewTimeSpace News: CNT GROUP (00701.HK) issued a profit warning on 5 August 2026. Based on a preliminary assessment of the unaudited consolidated management accounts for the six months ended 30 June 2026, the Group expects a shareholders' loss attributable to shareholders of HK15–17mn,representinga5315–17mn,representinga5336.6 mn loss recorded in the same period of 2025.

The narrower loss was primarily attributable to two factors: (i) a lower net fair value loss on the Group's investment properties in Hong Kong and Mainland China as at 30 June 2026 compared with the same period in 2025; and (ii) a reduced estimated shareholders' loss from non-wholly-owned subsidiary CPM GROUP (stock code 1932), as disclosed in CPM GROUP's profit warning announcement on the same day. These positive effects were partially offset by an increase in administrative expenses.

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