Hongyi Cultural Group (00419.HK) issues a profit warning, expecting a mid-term loss of less than HKD 10 million.

Zhitong Finance APP news, Hongyi Cultural Group (00419.HK) issued an announcement stating that the group expects to record a loss of less than HKD 10 million for the six months ending June 30, 2026 (current period) compared to a loss of approximately HKD 43 million in the same period of 2025. The significant reduction in loss during the current period is mainly due to: the medical intelligence business segment turning from loss to profit with a profit of about HKD 3 million (loss of approximately HKD 12 million in the same period of 2025); a profit of approximately HKD 5 million recorded from the terminated business due to the sale of the smart health service platform in January 2026 (loss of approximately HKD 2 million in the same period of 2025); and an increase in profit from convertible bonds of about HKD 11 million resulting from the extension of the maturity date and interest payment date of the outstanding convertible bonds (none in the same period of 2025).