CH TIANBAO GP (01427.HK): Expects Interim Net Loss to Widen to RMB 60-70 Million on Reduced Revenue

NewTimeSpace News: On 12 August 2026, China Tianbao Group Development Company Limited (stock code: 01427) issued a profit warning, expecting a net loss of between RMB 60.0 million and RMB 70.0 million for the six months ended 30 June 2026, versus a net loss of RMB 37.3 million for the corresponding period of 2025.

The announcement attributed the loss mainly to reduced revenue: the Group proactively controlled its undertaking scale to manage accounts receivable risk, leading to fewer construction contracts, and the average selling prices of buildings declined. The figures are based on preliminary estimates and have not been reviewed by the auditors or the Audit Committee, and actual results may differ. The interim results announcement is expected to be published by the end of August 2026.

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