Core Viewpoint - The company expects to report a loss of approximately HKD 40 million for the six months ending June 30, 2025, compared to a profit of HKD 7.024 million in the same period last year, indicating a significant decline in financial performance due to challenging economic conditions and weak demand for non-essential goods [1] Financial Performance - The anticipated loss of HKD 40 million contrasts sharply with the previous year's profit of HKD 7.024 million, highlighting a deterioration in financial results [1] - Approximately HKD 30 million of the expected loss is attributed to fixed asset depreciation, which is a non-cash expense [1]

Group 1 - The company, 科劲国际 (06822.HK), reported a revenue of approximately 249.8 million HKD for the six months ending June 30, 2025, representing a significant year-on-year decline of about 25.0% [1] - The decline in revenue is primarily attributed to the impact of U.S. tariffs and the uncertainty surrounding expanded policy prospects [1] - The company recorded a loss attributable to shareholders of approximately 41.0 million HKD, compared to a profit of 3.4 million HKD in the same period last year [1]

Core Viewpoint - Hans Group Holdings (00554) issued a profit warning, expecting a significant increase in losses for the first half of 2025, projecting a loss attributable to shareholders of no more than HKD 120 million, compared to a loss of approximately HKD 21.347 million for the first half of 2024 [1] Financial Performance - The company anticipates a loss increase primarily due to the financial impact of acquiring 54.44% of the issued shares of Huida Transportation Holdings Limited from Templewater Bravo Holdings Limited and Ascendal Bravo Limited [1] - The expected financial impact includes an increase in depreciation and amortization expenses by approximately HKD 89 million compared to the same period in 2024, resulting from fair value adjustments to Huida Group's properties, plants, equipment, and intangible assets following the acquisition [1] - Additionally, financial costs are projected to rise by about HKD 50 million compared to the same period in 2024, attributed to liabilities arising from deferred payments related to the acquisition and outstanding payments for put option shares [1]

预计本期间录得亏损净额乃主要由于(i)集团的产品销售额减少导致集团于本期间的总收入及毛利减少， 此乃主要归因于相关客户暂时搁置若干材料销售订单；(ii)市场竞争日趋激烈导致毛利率下降；及(iii)销 售、研发及行政开支增加。 格隆汇8月19日丨瑞昌国际控股(01334.HK)公布，集团预计截至2025年6月30日止六个月录得亏损净额约 人民币38百万元，而上年同期则录得纯利约人民币11.5百万元。 ...

Core Viewpoint - Baide International (02668) is expected to report a significant increase in losses for the first half of the year, projecting a loss attributable to shareholders of approximately HKD 110 million to HKD 130 million, compared to a loss of HKD 36.8 million in the same period last year [1] Financial Performance - The company anticipates a loss of HKD 110 million to HKD 130 million for the first half of the year, a substantial increase from the previous year's loss of HKD 36.8 million [1] - The increase in losses is attributed to several factors, including significant operational cost increases following the acquisition of iron ore mining and processing operations [1] Operational Challenges - The operational costs have risen due to direct costs, operational expenses, and administrative expenses associated with the new mining business [1] - The mining operations are maintaining approximately HKD 405 million in bank loans, which has led to increased financial costs for the group [1] - There has also been an increase in the fair value loss of investment properties [1] Business Segments - Baide International primarily engages in the trading of non-ferrous metals and construction materials, with five main business segments: 1. Supply chain services for non-ferrous metals and construction materials 2. Hotel management and catering services 3. Equipment leasing 4. Property investment, focusing on retail shop leasing 5. Securities investment in equity [1]

Core Viewpoint - Baide International (02668) is expected to report a significant increase in losses for the first half of the year, projecting a loss of approximately HKD 110 million to HKD 130 million, compared to a loss of HKD 36.8 million in the same period last year [1] Financial Performance - The company anticipates a loss of around HKD 110 million to HKD 130 million for the first half of the year [1] - Last year's loss for the same period was HKD 36.8 million [1] Reasons for Loss - The primary reasons for the increased losses include: - Significant increase in overall costs due to the acquisition of iron ore mining and processing operations completed at the end of last year, which has led to higher direct costs, operational expenses, and administrative expenses [1] - Maintenance of approximately HKD 405 million in bank loans related to mining operations, resulting in increased financial costs for the group [1] - Increased fair value losses on investment properties [1] Business Segments - Baide International is primarily engaged in the trading of non-ferrous metals and construction materials, with five main business segments: - Supply chain services for non-ferrous metals and construction materials [1] - Hotel management and catering services [1] - Equipment leasing [1] - Retail shop leasing [1] - Securities investment [1]

ST尔雅公告，公司股票于2025年8月14日、8月15日、8月18日连续三个交易日内收盘价格涨幅偏离值累 计超过12%，属于股票交易异常波动。经自查并书面函证控股股东及实际控制人，截至本公告披露日， 不存在应披露而未披露的重大事项。2025年半年度预计实现归属于上市公司股东的净利润为-3600万元 至-1950万元，仍处于亏损状态。公司主营服装业务作为传统的充分竞争性行业，当前生产经营仍面临 较大的增长压力。 ...

Core Viewpoint - Yunnan Chengtou is undergoing significant management changes amid ongoing financial losses, with expectations of continued negative net profits in the upcoming financial period [1] Management Changes - The company announced a major management reshuffle, with Cui Kai resigning as General Manager and Li Yang taking over the role, while Cui continues as Chairman and board member [1] Financial Performance - Yunnan Chengtou projects a net loss of between 30 million to 40 million yuan for the first half of 2025, indicating a decline in profitability compared to the same period last year [1] - The expected non-recurring net loss is estimated to be between 29 million to 39 million yuan, showing a slight improvement in losses compared to the previous year [1] Historical Context - As the first publicly listed real estate company in Yunnan Province, Yunnan Chengtou has faced continuous losses since 2019, attempting to alleviate financial pressure through asset disposals and inventory reductions, but with limited success [1] Financial Health - As of the end of the first quarter of 2025, the company's asset-liability ratio stands at a high 80.93%, indicating significant financial strain [1]

Core Viewpoint - The company, Kainos Holdings (01215.HK), anticipates a significant loss of at least approximately HKD 99.96 million for the six months ending June 30, 2025, compared to a profit of about HKD 7.93 million for the same period ending June 30, 2024 [1] Financial Performance - The shift from profit to loss is primarily attributed to several factors, including the closure of parts of the Paris Marriott Hotel Champs-Élysées for renovations, which resulted in a revenue decrease and a gross loss of approximately HKD 10.14 million from the hotel operations segment [1] - An increase in the outstanding amount related to construction assets mortgaged to the group from an associated company, along with the restructuring of that associated company, led to an impairment provision of approximately HKD 63.66 million for loans from the associated company [1] - The rise in financing costs due to an increase in the interest rate on a EUR 175 million bank loan, which is up for renewal in 2024, contributed to the financial strain during the interim period [1] - A decline in bank deposit interest rates resulted in reduced other income and earnings for the company [1]

Core Viewpoint - The company, Baiyue Group, is expected to report a significant loss for the current fiscal year, primarily due to a substantial decline in revenue across its toy business segments, attributed to economic pressures and reduced consumer spending on non-essential items [1] Financial Performance - As of June 30, the company anticipates a loss attributable to shareholders of no less than 2 million HKD for the current fiscal year, compared to a profit of approximately 490,000 HKD for the previous fiscal year ending March 31, 2024 [1] - Revenue is projected to decrease by about 34.7%, significantly impacting the company's financial performance [1] Business Segments - Sales of ODM toys to licensed holders and the company's own licensed toys and related products have decreased by 46.5% and 40.4%, respectively [1] - The decline in sales is primarily due to economic pressures, including inflation and a reduction in consumer spending on non-essential goods [1] Impairment Loss - The company has recognized an impairment loss of 4.5 million HKD related to its equity interest in an associate company, which is facing operational challenges due to economic downturn, increased competition, and operational difficulties [1]