Kaifushan Group Holdings (08512) issued a profit warning. Profit attributable to shareholders is expected to decrease by about HK$15 million to HK$23 million year-on-year

According to the Zhitong Finance App, Kaifushan Group Holdings (08512) announced that the Group expects to obtain profit attributable to the owners of the Company between HK$15 million and HK$23 million for the six months ending June 30, 2026 (the first half of 2026), compared to about HK$45.2 million for the six months ended June 30, 2025.

The board of directors believes that the above reduction in profit expectations attributable to the company's owners is mainly due to a decrease in revenue due to a decrease in new customer orders, a decrease in gross margin due to a decrease in sales prices of the Group's products and an increase in production costs.