Shanghai Realway Capital Assets Management (01835.HK): Expected Net Loss for First Half Not to Exceed RMB3 Million
NewTimeSpace News: On 5 August 2026, Shanghai Realway Capital Assets Management (01835.HK) issued a profit warning. Based on preliminary review of the latest unaudited consolidated financial information, the Group expects to register a net loss of no more than RMB3 million for the current period, compared with a net profit of approximately RMB2.4 million in the same period last year.
According to the announcement, the swing from profit to loss is mainly attributable to market headwinds in the real estate sector, which led to a notable decline in advisory fee income from real estate-related investment advisory businesses. In addition, administrative expenses rose compared with the corresponding period last year.
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