---
title: "KINGDOM HOLDING issued a profit warning, expecting a mid-term loss attributable to shareholders between 115 million and 135 million yuan, a year-on-year turnaround from profit to loss"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/249912052.md"
description: "KINGDOM HOLDING issued a profit warning, expecting a mid-term loss attributable to shareholders of between 115 million and 135 million yuan for the period ending June 30, 2025, compared to a profit of 73.961 million yuan in the same period last year. The loss is mainly due to a decline in the price of linen yarn by approximately 30% and gross losses caused by the use of more expensive raw materials, with an expected inventory impairment provision of about 28 million yuan"
datetime: "2025-07-24T08:47:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/249912052.md)
  - [en](https://longbridge.com/en/news/249912052.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/249912052.md)
---

# KINGDOM HOLDING issued a profit warning, expecting a mid-term loss attributable to shareholders between 115 million and 135 million yuan, a year-on-year turnaround from profit to loss

According to the Zhitong Finance APP, KINGDOM HOLDING (00528) announced that the company expects the group to incur a net loss of between RMB 120 million and RMB 140 million for the six months ending June 30, 2025, compared to a net profit of RMB 78.508 million for the six months ending June 30, 2024. Additionally, the expected loss attributable to the owners of the parent company is estimated to be between RMB 115 million and RMB 135 million for the six months ending June 30, 2025, while for the six months ending June 30, 2024, it was a profit attributable to the owners of the parent company of RMB 73.961 million.

The expected loss is primarily due to the continuous decline in the average price of linen yarn from the fourth quarter of 2024 to the second quarter of 2025, which fell by approximately 30% compared to the same period last year. Additionally, some raw materials used in the cost of sales for 2025 were more expensive than those from the previous year, resulting in a gross loss in the first half of 2025, along with an inventory impairment provision of approximately RMB 28 million recognized as of June 30, 2025

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