SC HOLDINGS (00413.HK): Expects H1 Net Loss of HKD 400-500 Million

NewTimeSpace News: On 21 August 2026, SC HOLDINGS (00413.HK) issued a profit warning, expecting an H1 net loss of approximately HKD 400-500 million, versus approximately HKD 90 million a year earlier, driven by fair value losses on investment properties, inventory and receivables provisions, and operating losses in the OEM toy business.

NewTimeSpace News: On 21 August 2026, South China Holdings Company Limited (stock code: 00413) issued a profit warning, expecting a significant net loss of approximately HKD 400 million to HKD 500 million for the first half of 2026, versus a net loss of approximately HKD 90 million in the prior-year period.

The announcement attributed the expected loss mainly to net fair value losses on investment properties, reflecting the weak property market; provisions for inventory write-downs, credit losses on trade receivables and write-offs of property, plant and equipment; and operating losses from the Group's OEM toy manufacturing business. The unaudited consolidated results are expected to be published on 26 August 2026.

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