GBA HOLDINGS (00261.HK): Expects H1 Loss to Narrow to Approximately HKD 20.1 Million, Gross Profit Turns Positive
NewTimeSpace News: On 18 August 2026, GBA Holdings Limited (stock code: 00261) issued a positive profit alert, expecting a gross profit of approximately HKD 2.4 million for the first half of 2026, turning around from a gross loss of approximately HKD 27.9 million in the prior-year period, mainly attributable to reduced impairment losses on properties held for sale and properties under development.
According to the announcement, the Group expects a loss attributable to owners of approximately HKD 20.1 million for the first half of 2026, narrowing significantly from a loss of approximately HKD 43.2 million in the prior-year period, also mainly due to the reduced property impairment losses. The results announcement is expected to be published in August 2026.
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