CSC HOLDINGS (00235.HK): Expects H1 Loss of No More Than HKD 24 Million

NewTimeSpace News: On 20 August 2026, China Strategic Holdings Limited (stock code: 00235) issued a profit warning, expecting a loss attributable to owners of the Company of no more than HKD 24.0 million for the first half of 2026, compared with a loss of approximately HKD 12.0 million in the prior-year period.

The announcement attributed the wider loss mainly to a decrease in operating profit of the money lending business to approximately HKD 1.0 million after expected credit loss provisions (versus HKD 7.0 million in the prior-year period), and an increase in other expenses to approximately HKD 24.0 million (versus HKD 18.0 million a year earlier), driven mainly by additional expenses for business development and compliance purposes. The estimated loss may be adjusted according to the impairment provisions for loan receivables currently being finalised. The interim results announcement is expected to be published by the end of August 2026.

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