Core Viewpoint - The company anticipates a significant increase in shareholder losses for the first half of 2025, projecting losses between 28 million to 32 million HKD, compared to a loss of 15 million HKD in the same period of 2024 [1] Group 1: Financial Performance - The estimated shareholder losses have increased substantially due to a significant decline in sales revenue from paint and coating products [1] - The decrease in sales revenue is attributed to the economic slowdown in mainland China and Hong Kong, a weak real estate market, and intense competition in the paint and coating industry [1] - The reduction in sales revenue has led to a significant decline in gross profit for the company [1] Group 2: Investment Property Impact - The company experienced a fair value loss on its investment properties during the first half of 2025, contrasting with a fair value gain of 3.2 million HKD in the same period of 2024 [1]

本文源自：智通财经网 智通财经获悉，力量发展(01277)跌超5%，截至发稿，跌5.43%，报1.22港元，成交额3385.45万港元。 消息面上，力量发展发布盈警，预期集团截至2025年6月30日止六个月的除税后纯利将较2024年同期减 少50%至55%，主要由于在市场持续波动下煤炭价格下跌而导致集团采煤分部溢利估计减少40%至 45%；及仍处于发展阶段的其他业务分部产生的亏损人民币7500万元至人民币8500万元。 ...

力量发展(01277)跌超5%，截至发稿，跌5.43%，报1.22港元，成交额3385.45万港元。 消息面上，力量发展发布盈警，预期集团截至2025年6月30日止六个月的除税后纯利将较2024年同期减 少50%至55%，主要由于在市场持续波动下煤炭价格下跌而导致集团采煤分部溢利估计减少40%至 45%；及仍处于发展阶段的其他业务分部产生的亏损人民币7500万元至人民币8500万元。 ...

Core Viewpoint - 彩星玩具 (00869) has issued a profit warning, expecting significant declines in revenue and net profit for the six months ending June 30, 2025 compared to the same period in 2024 [1] Financial Performance - The company anticipates unaudited revenue of approximately HKD 186 million for the six months ending June 30, 2025, down from HKD 445 million in the same period of 2024 [1] - The expected net loss is around HKD 26 million, contrasting with a net profit of HKD 91 million in the same period of 2024 [1] Reasons for Decline - The board attributes the revenue decrease primarily to a decline in product shipments for "Godzilla vs. Kong" [1] - The "Teenage Mutant Ninja Turtles" brand lacks major entertainment events to drive demand, leading to a slowdown in the product series [1] - Increased costs related to product development, molds, and media production in preparation for upcoming new products [1] - Trade tensions have hindered shipments to the U.S. market since April, and tariffs on imported goods to the U.S. have been implemented since the second quarter of this year [1]

Core Viewpoint - The company expects a decrease of approximately 25% in net profit attributable to equity shareholders for the six months ending June 30, 2025, compared to the same period in 2024 [1] Financial Performance - The anticipated decrease in net profit is primarily attributed to increased labor costs due to new hires and salary adjustments [1] - The company also faces higher depreciation costs resulting from the acquisition of new equipment and other infrastructure [1] - A reduction in gross profit from overseas sales is expected due to the Chinese government's cancellation of certain export tax rebate policies for copper products [1] Corporate Governance - Zhao Yan has been appointed as an independent non-executive director of the company [1]

Core Viewpoint - The company, Zhihua Group (01842.HK), anticipates a significant increase in net losses for the first half of 2025, projecting a rise of approximately 40% to 50% compared to the net loss of about HKD 5.8 million for the first half of 2024 [1] Summary by Relevant Categories Financial Performance - The expected increase in net losses for the first half of 2025 is primarily attributed to a slight decline in revenue due to ongoing tariff pressures from the United States [1] - The company is set to recognize an unrealized loss of approximately HKD 3.3 million from listed securities investments in the first half of 2025, compared to a loss of HKD 2.2 million in the first half of 2024 [1] - Administrative expenses are projected to rise by about HKD 1.9 million, mainly due to the company's efforts to diversify its supply chain network and advance business development initiatives [1]

Core Viewpoint - Qingke Chuangye (01945) expects a significant decline in revenue and an increase in net loss for the six months ending June 30, 2025, compared to the same period in 2024 [1] Revenue Summary - The company anticipates total revenue of approximately RMB 50 million to RMB 60 million for the six months ending June 30, 2025, representing a decrease of about 30.75% to 16.90% from RMB 72.2 million for the six months ending June 30, 2024 [1] Net Loss Summary - The projected net loss for the six months ending June 30, 2025, is expected to be between RMB 12 million and RMB 17 million, which is an increase of approximately 57.89% to 123.68% compared to a net loss of RMB 7.6 million for the six months ending June 30, 2024 [1] Reasons for Changes - The board attributes the decrease in revenue and increase in net loss primarily to a reduction in offline customized industry activities and fewer training course sessions in marketing services [1]

Group 1 - The company expects total revenue for the six months ending June 30, 2025, to be approximately RMB 50 million to RMB 60 million, representing a decrease of about 30.75% to 16.90% compared to RMB 72.2 million for the six months ending June 30, 2024 [1] - The projected net loss for the six months ending June 30, 2025, is estimated to be between RMB 12 million and RMB 17 million, which is an increase of approximately 57.89% to 123.68% compared to a net loss of RMB 7.6 million for the six months ending June 30, 2024 [1] - The board attributes the decrease in revenue and increase in net loss primarily to a reduction in offline customized industry events and training course sessions in marketing services [1]

Core Viewpoint - The company expects a significant decrease in profit attributable to shareholders for the first half of 2025, projecting a profit of approximately HKD 43 million to HKD 47 million, compared to HKD 94.6 million for the six months ending June 30, 2024 [1] Summary by Relevant Categories Profit Forecast - The anticipated profit for the first half of 2025 is between HKD 43 million and HKD 47 million, indicating a substantial decline from the previous year's profit of HKD 94.6 million [1] Reasons for Profit Decrease - The decrease in profit is attributed to several factors: 1. A reduction in new customer orders leading to decreased revenue [1] 2. Increased raw material costs resulting in a lower gross margin [1] 3. The absence of a recovery of claims provision amounting to approximately HKD 29.7 million that was recognized in the previous period [1]

Core Viewpoint - Changmao Biological (00954.HK) expects to record a consolidated net loss attributable to shareholders of approximately RMB 24 million to RMB 27 million for the six months ending June 30, 2025, compared to a net loss of approximately RMB 18.786 million in the same period last year [1] Financial Performance Summary - The board believes that the financial performance during this period is primarily affected by two factors: (1) a decrease in sales revenue and gross profit due to declining product sales prices and intense market competition; and (2) an increase in interest expenses included in the consolidated income statement, resulting from a reduction in the amount of capitalized interest on qualifying assets [1]