First Service Holding Limited Issues Supplemental Profit Warning for FY2025

Key Points

• Significant Increase in Losses: First Service Holding Limited has announced that it expects to record a loss attributable to equity shareholders of not more than RMB53.0 million for the financial year ended December 31, 2025.
• Year-on-Year Deterioration: This anticipated loss marks a substantial increase compared to the loss of approximately RMB12.1 million reported for the year ended December 31, 2024.
• Supplemental Announcement: The announcement serves as a supplement to the earlier profit warning issued on March 17, 2026, reinforcing the Group’s expectation of a worsened financial position.
• Unchanged Information: All other information disclosed in the original profit warning remains unchanged.
• Board and Management: The announcement was signed by Chairman Zhang Peng. The board comprises executive, non-executive, and independent non-executive directors, including Mr. Liu Peiqing, Ms. Zhu Li, Mr. Wang Song, Mr. Long Han, Mr. Wang Ziming, Ms. Sun Jing, Mr. Cheng Peng, and Mr. Yang Xi.

Details for Shareholders and Investors

The revised loss estimate for FY2025 is a key development for investors in First Service Holding Limited. The projected loss of up to RMB53.0 million represents a more than fourfold increase from the previous year’s loss, indicating significant operational or market challenges faced by the company.

As this is an official profit warning, it is considered highly price-sensitive information. Such a significant escalation in losses may have a direct impact on the valuation of the company’s shares and could lead to increased volatility in the share price.

The company has advised shareholders and potential investors to exercise caution when dealing in the shares of First Service Holding Limited. This cautionary guidance underscores the potential for share price movement as a result of this announcement.

Additional Information

• The supplemental announcement was made on March 18, 2026, in Hong Kong.
• Shareholders are encouraged to read this supplemental announcement in conjunction with the original profit warning issued on March 17, 2026.
• The board composition is detailed in the announcement, ensuring transparency in the company’s governance structure.

Potential Impact on Share Price

The magnitude of the projected loss may prompt negative investor sentiment and could result in downward pressure on the company’s share price. Investors should carefully evaluate their positions and remain vigilant for further updates from the company.

Disclaimer: This article is intended for informational purposes only and does not constitute investment advice. Investors are urged to conduct their own research or consult with financial advisors before making any investment decisions. The information provided herein is based on the company’s public disclosures as of March 18, 2026, and may be subject to change.

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