MOON INC (01723) issued a profit warning, expecting an annual loss of approximately HK$26.3 million to HK$34.3 million for shareholders.

Hengyue Holdings (01723) announced that it is expected to incur a loss attributable to owners of the company of approximately HK$26.3 million to HK$34.3 million for the fiscal year ending on March 31, 2026, compared to a profit of HK$1.8 million attributable to owners of the company for the fiscal year ending on March 31, 2025. The Board of Directors believes that the expected change from a comprehensive profit attributable to owners of the company to a comprehensive loss attributable to owners of the company is mainly due to (including) the following factors: (i) an increase in administrative expenses such as employee costs and legal and professional fees; (ii) losses from the sale of properties; and (iii) unrealized revaluation losses on the Bitcoin held by the company in the current fiscal year.