Pak Tak Int'l (02668) issued a profit warning, expecting mid-term losses attributable to shareholders to narrow to approximately HKD 82 million to HKD 102 million year-on-year.

PAK TAK INT'L (02668) announced that the group expects its revenue for the period to decrease significantly by approximately 60% compared to the six months ending June 30, 2025 (the corresponding period). Despite this reduction in revenue, it is anticipated that the company will incur a loss attributable to shareholders ranging from HKD 82 million to HKD 102 million for the six months ending June 30, 2026, compared to a loss of HKD 114 million for the corresponding period. The Board of Directors believes that the expected decrease in revenue is primarily due to (i) a significant reduction in the revenue contribution from the groups supply chain business, mainly attributable to weak domestic market demand and subsequent declines in transaction volumes; (ii) a decline in revenue from the iron ore mining and beneficiation segment, primarily due to temporary production halts for safety inspections and facility renovations in response to recent regulatory compliance requirements; and (iii) the reclassification of discontinued operations related to the sale of hotel management and catering services.