TOP SPRING INTERNATIONAL (03688.HK): Expected H1 Net Loss of Approximately HK$350 Million, Significant Year‑on‑year Narrowing
NewTimeSpace News: On August 26, 2026,TOP SPRING INTERNATIONAL(03688.HK) issued a profit warning. Based on preliminary assessment of unaudited consolidated management accounts, the Group expects to register a net loss of approximately HK$350 million for the current period, a sharp reduction compared with the net loss of HK$750 million for the corresponding period of last year.
According to the announcement, the narrowed loss is mainly attributable to stabilised fair‑value movement of investment properties, turning from a valuation loss of around HK$635 million in the prior‑year period to a valuation gain of approximately HK$9.9 million in the current period. The Company reminds investors that the above figures are preliminary estimates and have not been reviewed by auditors. Interim results are scheduled for release on 28 August 2026, and investors should exercise caution when trading the Company’s shares.
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