Great Wall Terroir Holdings Issues Profit Warning: Anticipates Higher Losses for 2025 Financial Year
Great Wall Terroir Holdings Limited (Stock Code: 524) has issued a profit warning, signaling to shareholders and potential investors that the Group expects to report a consolidated loss attributable to shareholders in the range of HK\$30.0 million to HK\$31.0 million for the financial year ended 31 December 2025. This represents a notable increase compared to the loss of approximately HK\$25.7 million recorded for the financial year ended 31 December 2024.
Key Highlights and Details
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Increase in Losses: The anticipated loss for 2025 is higher than the previous year, despite the Group achieving significant revenue growth in its information technology and telecommunication services businesses.
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Primary Factors Impacting 2025 Results:
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Fair Value Loss on Investment Properties: The Group expects to recognize a fair value loss of approximately HK\$12.1 million on investment properties, a material increase from the HK\$5.4 million loss recorded in 2024.
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Higher Finance Costs: Finance costs are anticipated to rise by approximately HK\$1.9 million, primarily due to an increased average loan balance from a Director during the year.
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Other Income: The Group recognized other income of about HK\$2.8 million from the write-back of provisions for staff costs and professional fees dating back to 2019, compared to HK\$1.1 million in the previous year.
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Cost Control Measures: There was a reduction in contractor’s service fees and consultancy fees—totaling approximately HK\$1.4 million—for E-Commerce platform development, maintenance, and professional advisory services. This reflects the Group’s cost control initiatives during the year.
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Revenue Growth: Despite the increased losses, the Group’s core businesses in IT and telecommunication services continued to expand with significant revenue growth.
Important Information for Shareholders
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Price-sensitive Information: The projected higher consolidated loss for 2025 is likely to be price-sensitive and could impact the share value of Great Wall Terroir Holdings Limited. Investors should closely monitor further announcements.
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Financial Results Pending Audit: The reported figures are based on unaudited consolidated management accounts and are subject to review by the audit committee and the Company’s auditors. The final audited results may differ from these estimates.
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Final Results Announcement: The official audited financial results are expected to be published by the end of March 2026.
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Advice to Investors: Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company until the final results are released.
Board Composition
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Executive Directors: Mr. Cheung Siu Fai (Chairman) and Mr. Hui Chun Wai Henry
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Independent Non-Executive Directors: Mr. Fong Wai Ho, Mr. Chow Hiu Tung, and Ms. Dong Jianmei
Disclaimer: The above article is based on preliminary unaudited financial information and management accounts provided by Great Wall Terroir Holdings Limited. Financial figures are subject to audit and may change. This article does not constitute investment advice. Investors are strongly advised to consult the official audited results and seek professional financial advice before making any investment decisions.
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