Hongyi Culture Group (00419)'s profit warning expects a medium-term loss of less than HK$10 million

Zhitongcaijing · 1d ago

According to the Zhitong Finance App, Hongyi Culture Group (00419) announced that the Group expects to record a loss of less than HK$10 million for the six months ending June 30, 2026 (within the current period) (same period in 2025: loss of approximately HK$43 million). The sharp decrease in losses during the period was mainly due to the fact that during the current period, Medicinuo's business division turned a profit of about HK$3 million (same period in 2025: division loss of about HK$12 million); in the current period, it recorded a discontinued business profit of about HK$5 million due to the sale of the smart health service platform business in January 2026 (same period in 2025: loss of about HK$2 million in terminated business); and the income of convertible bonds during the current period due to the extension of the principal maturity date and interest payment date of outstanding convertible bonds Approximately HK$11 million (same period in 2025: none ).