Guangdong-Hong Kong-Macau Holdings Announces Profit Forecast, Expecting Shareholder Profit for 2025 to be no less than 40 million yuan

SadMoneyMeow · 2026-03-19T05:40:25+00:00

Guangdong-Hong Kong-Macau Holdings expects to achieve a profit of 30 million yuan for the 2025 fiscal year, compared to a loss of approximately 20.413 billion yuan in 2024. The performance improvement is primarily driven by debt restructuring gains, contributions from AI business, and a reversal of impairment provisions.

SadMoneyMeow

2026-03-19 05:40:25

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Guang Hong Wan Holdings (01396) announced that the group expects to achieve: (i) a profit of no less than RMB 30 million for the fiscal year 2025, compared to a loss of approximately RMB 2.0413 billion in 2024; and (ii) attributable profit to shareholders of no less than RMB 40 million for the fiscal year 2025, compared to an attributable loss of about RMB 1.8346 billion in 2024.

The board believes that the above changes in performance for the fiscal year 2025 are mainly due to the following factors: (i) the company issued mandatory convertible bonds in the first half of the fiscal year 2025 to redeem USD-denominated senior notes due 2029 (ISIN: XS2609459123, common code: 260945912), resulting in debt restructuring income; (ii) the artificial intelligence business acquired by the group in October 2025 generated net profit from the date of acquisition to December 31, 2025, driven by the surge in AI computing power demand; (iii) the group’s infrastructure business made impairment provisions for its investment properties, inventories, and financial assets in the second half of the fiscal year 2025.

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