---
title: "HERALD HOLD issues a profit warning, expecting annual net profit of HKD 45 million to HKD 55 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286064454.md"
description: "HERALD HOLD expects its annual net profit for the year ending March 31, 2026, to be between HKD 45 million and HKD 55 million, an increase from HKD 32.9 million in 2025. This growth is primarily attributed to a one-time after-tax gain of approximately HKD 18 million from the sale of two plots of land in Shanghai. However, management has expressed concerns about future performance due to persistently high raw material, labor, and logistics costs, increasing pressure on unit prices from customers, and the appreciation of the Renminbi further intensifying the pressure on production and operational costs"
datetime: "2026-05-12T08:55:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286064454.md)
  - [en](https://longbridge.com/en/news/286064454.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286064454.md)
---

# HERALD HOLD issues a profit warning, expecting annual net profit of HKD 45 million to HKD 55 million

According to the announcement from HERALD HOLD (00114), the group expects to record a net profit attributable to shareholders in the range of HKD 45 million to HKD 55 million for the year ending March 31, 2026 (for the year ending March 31, 2025: HKD 32.9 million). This change is primarily due to a one-time after-tax gain of approximately HKD 18 million from the sale of two plots of land located in Shanghai.

Despite the aforementioned one-time gain and the recording of ideal performance, the management remains very concerned about the group's performance in the coming year. Due to the continued high costs of raw materials, labor, and logistics in the manufacturing industry, customers are also continuously exerting pressure to lower unit prices, resulting in reduced marginal profits. Furthermore, the appreciation of the Renminbi has also put further pressure on the group's production and operating costs in mainland China

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