South China Holdings Company Limited Issues Significant Profit Warning for FY2025

Key Highlights from the Supplemental Announcement

• Expected Substantial Loss: South China Holdings Company Limited (“the Company”) has announced that, based on preliminary unaudited accounts, it anticipates a significant net loss for the financial year ended 31 December 2025. The estimated loss is between HK\$1.5 billion and HK\$1.8 billion, a dramatic reversal compared to a net profit of HK\$12.2 million reported for the year ended 31 December 2024.
• Profit Warning Update: This supplemental announcement provides further details following the initial profit warning issued on 11 March 2026. The Board confirms that the main reasons for the expected loss have already been disclosed in the previous announcement.
• Regulatory Disclosure: The announcement is made in compliance with Rule 13.09(2)(a) of the Listing Rules and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of Hong Kong Law).

Details for Shareholders and Investors

The Board stresses that this anticipated loss is a substantial deviation from the Company’s financial performance in the previous year. The scale of the expected loss (between HK\$1.5 billion and HK\$1.8 billion) is likely to have a material impact on the Company’s share price and overall market perception.

Shareholders and potential investors are strongly advised to exercise caution when dealing in the shares of the Company, as this information constitutes significant inside information that could affect trading activity and share valuation.

Save for the supplemental details provided, all other information and content from the original 11 March 2026 profit warning announcement remain unchanged. This notice is intended to be read in conjunction with the original profit warning.

Corporate Governance Update

• Board Composition: As of the date of this announcement, the Board of Directors comprises:
  • Executive Directors: Mr. Ng Hung Sang, Ms. Cheung Choi Ngor, Mr. Ng Yuk Yeung Paul
  • Non-executive Directors: Ms. Ng Yuk Mui Jessica, Mr. Yu Pui Hang
  • Independent Non-executive Directors: Mr. Kam Yiu Shing Tony, Ms. Pong Scarlett Oi Lan, BBS, J.P., Mr. Wong Chun Tat, J.P.
• Responsible Executive: The announcement is issued under the authority of Executive Director Ms. Cheung Choi Ngor.

Potential Impact on Share Price

This announcement contains highly price-sensitive information. The scale of the anticipated loss, compared to the previous year’s profit, represents a significant negative development for the Company. Investors should expect potential volatility in the Company’s share price as the market digests this news.

The Company has not provided detailed breakdowns of the reasons for the loss in this supplemental announcement, but has indicated that these were outlined in the previous profit warning.

Disclaimer: The above article is a summary and interpretation of the supplemental profit warning announcement made by South China Holdings Company Limited. It is intended for informational purposes only and does not constitute investment advice. Investors should refer to official filings and/or consult their financial advisors before making any investment decisions.

View SC HOLDINGS Historical chart here