Chenxun Technology (02000) issued a profit warning that shareholders should account for losses of about HK$5 million to HK$20 million year-on-year profit and loss

Zhitong Finance App News, Chenxun Technology (02000) issued an announcement. The Group expects to record losses attributable to the Company's owners between HK$5 million and HK$20 million in the first half of 2026 (six months ending June 30, 2025: profit attributable to the Company's owners about HK$8.8 million).

The board of directors believes that the main reasons for the losses expected to be accounted for by the company's owners in the first half of 2026 are a decrease in total turnover compared to the same period last year; an increase in material costs; an increase in R&D investment during the period; and impairment in investment properties.