LONG INV CORP (02312) issued a profit warning, expecting a mid-term loss attributable to shareholders of approximately HKD 50 million to HKD 60 million, reversing from profit to loss year-on-year.

LONG INV CORP (02312) announced that the board currently expects the group to record a loss attributable to the shareholders of the company in the range of approximately HKD 50 million to HKD 60 million for the six months ending June 30, 2026, while a profit attributable to the shareholders of the company of approximately HKD 1.8 million was recorded for the six months ending June 30, 2025. Based on the information currently available, the board believes that the expected loss during the period is mainly attributable to the combined effects of the following: the group recorded a net fair value loss on its financial assets accounted for at fair value through profit or loss, reflecting the market price fluctuations of certain listed equity securities held by the group; the group recorded a revaluation loss on its digital assets; and the group's administrative expenses increased. The board emphasizes that the fair value and revaluation changes mentioned above are of a non-cash nature. Aside from the matters stated above, as of the date of this announcement, the board is not aware of any other significant adverse changes in the financial or operational conditions of the group.