Hanison Construction Issues Profit Warning Amid Property Market Downturn
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Hanison Construction Holdings (HK:0896) has issued a profit warning, anticipating a net loss of HK$270.0 million to HK$280.0 million for the six months ending September 30, 2025, compared to a HK$193.1 million loss in the same period in 2024. The increased loss is due to significant losses from the disposal of The Connaught hotel and high interest expenses amid a property market downturn. Stakeholders are advised to exercise caution. The current analyst rating is Hold with a price target of HK$0.50.
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