<p>CITYCHAMP (00256.HK) issued a profit warning, expecting a loss of approximately HKD 40 million for the six months ending in June, compared to a profit of HKD 7.024 million in the same period last year. The anticipated loss is primarily based on the current challenging economic conditions, where the demand for non-essential goods remains weak. Of this, approximately HKD 30 million is attributed to fixed asset depreciation, which is a non-cash item</p>

00256

<p>CITYCHAMP issued a profit warning, expecting a loss of approximately HKD 40 million for the six months ending in June, compared to a profit of HKD 7.024 million in the same period last year. The anticipated loss is primarily based on the current challenging economic conditions, where the demand for non-essential goods remains weak. Of this, approximately HKD 30 million is attributed to fixed asset depreciation, which is a non-cash item</p>

"Profit Warning" CITYCHAMP estimates a loss of 40 million yuan in the first half of the year