Crownicorp (00727.HK) issued a profit warning, expecting a comprehensive loss attributable to shareholders ranging from 1 million to 2 million yuan for the six months ended September 30 this year, compared to a comprehensive loss attributable to shareholders of approximately 55.7 million yuan in the same period last year.

Crownicorp explained that the expected decrease in comprehensive loss attributable to shareholders was mainly due to a decrease in interest expenses of 48.7 million yuan compared to the previous reporting period.