Lower revenue from HK operations, tower cranes dim Yongmao Holdings' H1 outlook
In unaudited results, the firm also sees lower revenue from lower sales of tower cranes.
Yongmao Holdings Limited expects to record a net loss attributable to shareholders in the first half of financial year 2026.
It cited lower revenue from its Hong Kong operations and lower profit margin from sales of tower cranes for its losses, Yongmao said in a bourse filing.
It is also expected to record a fair value loss on its financial assets that will cause a comprehensive loss attributable to shareholders for the period.
Yongmao will disclose its H1 financial results before 15 November 2025.