Tongda Hong Tai issues profit warning: 1H26 revenue seen down c.38%, shifts to HK$9.70 million net loss

Bulletin Express
Aug 14

Tongda Hong Tai Holdings Limited announced a profit warning for the six months ended 30 June 2026 (1H26), projecting a sharp contraction in both top- and bottom-line figures.

Revenue Outlook • Management estimates 1H26 revenue at HK$30.00 million–HK$32.00 million, down from HK$50.21 million in 1H25—an approximate 38% decline at the mid-point. • The slowdown is attributed to continued weakness in global notebook and tablet demand, compounded by volatile trade policies and a persistent memory-chip shortage that constrained product availability.

Earnings Swing • The Group expects to post a net loss of HK$9.60 million–HK$9.80 million, versus a net profit of HK$5.20 million a year earlier. • Cost-control measures lowered selling, distribution, general, administrative and finance expenses, partially cushioning the earnings deterioration.

Process & Timeline • Figures are based on unaudited management accounts and have not yet been reviewed by the Audit Committee or external auditors. • Final interim results are scheduled for release on or before 31 August 2026.

The company advises shareholders and potential investors to exercise caution when dealing in its shares until the formal results are published.

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