"Holding Company Earnings Warning" HANS GP HLDGS estimates that its half-year loss may expand to a maximum of 120 million yuan

HANS GP HLDGS (00554.HK) issued a profit warning, expecting a loss of no more than HKD 120 million for the six months ending in June, compared to a profit of HKD 21.35 million in the same period last year. The increase in losses is mainly due to the financial impact of acquiring the bus operator, which includes increased depreciation and amortization expenses as well as higher financial costs