Core Viewpoint - Tiancheng Holdings (02110.HK) anticipates a net loss of approximately HKD 20 million to HKD 21 million for the six months ending November 30, 2025, compared to a net loss of about HKD 12.4 million for the six months ending November 30, 2024 [1] Group 1 - The increase in net loss during the reporting period is primarily attributed to a gross loss increase of approximately HKD 11.4 million in the maritime construction segment related to the reconstruction of Sai Kung, Tai Po, and Lantau Island piers [1] - The reconstruction of the piers involves complex situations, particularly in the use of vessels for piling and lifting operations, with adverse weather conditions such as strong winds, sea levels, and turbulent waves complicating drilling and construction processes [1] - These unfavorable conditions not only affect project planning and execution but also impact resource utilization, including standby time for employees, machinery, and vessels [1] Group 2 - The gross profit increase of HKD 4 million in other civil engineering segments partially offsets the losses, driven mainly by increased engineering revenue and progress improvements in the three-runway system project [1]
天成控股(02110.HK)盈警：预计中期录得净亏损约2000万港元至2100万港元