Jakota Capital Issues Profit Alert, Anticipates Annual Loss Under HK$150 Million

Stock News06-29

Jakota Capital (01468) has announced an anticipated annual loss for the fiscal year ending March 31, 2026.

Based on a preliminary review of the group's unaudited consolidated management accounts, the company expects to incur an annual loss not exceeding HK$150 million for the 2026 fiscal year.

This represents an increase of no more than 22% compared to the approximately HK$124 million annual loss recorded for the previous fiscal year ended March 31, 2025.

The board of directors attributes the expected rise in losses primarily to an increase in impairment provisions for loan receivables.

These provisions are anticipated to rise from about HK$26.8 million in the 2025 fiscal year to approximately HK$112 million for the 2026 period.

This adjustment stems from an upward revision in the expected credit loss provision for the group's money lending business.

The revision was made following the board's receipt and review of a preliminary valuation assessment conducted by an independent professional valuer.

The results of this assessment have been incorporated into the company's preliminary financial results for the 2026 fiscal year, which were published on June 26, 2026.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1105895294?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-29 06:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1105895294","market":"sh","top_or_hot":-1,"title":"Jakota Capital Issues Profit Alert, Anticipates Annual Loss Under HK$150 Million","media":"Stock News","content":"<p>Jakota Capital (01468) has announced an anticipated annual loss for the fiscal year ending March 31, 2026.<br><br>Based on a preliminary review of the group's unaudited consolidated management accounts, the company expects to incur an annual loss not exceeding HK$150 million for the 2026 fiscal year.<br><br>This represents an increase of no more than 22% compared to the approximately HK$124 million annual loss recorded for the previous fiscal year ended March 31, 2025.<br><br>The board of directors attributes the expected rise in losses primarily to an increase in impairment provisions for loan receivables.<br><br>These provisions are anticipated to rise from about HK$26.8 million in the 2025 fiscal year to approximately HK$112 million for the 2026 period.<br><br>This adjustment stems from an upward revision in the expected credit loss provision for the group's money lending business.<br><br>The revision was made following the board's receipt and review of a preliminary valuation assessment conducted by an independent professional valuer.<br><br>The results of this assessment have been incorporated into the company's preliminary financial results for the 2026 fiscal year, which were published on June 26, 2026.<br><br></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jakota Capital Issues Profit Alert, Anticipates Annual Loss Under HK$150 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJakota Capital Issues Profit Alert, Anticipates Annual Loss Under HK$150 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-06-29 06:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Jakota Capital (01468) has announced an anticipated annual loss for the fiscal year ending March 31, 2026.<br><br>Based on a preliminary review of the group's unaudited consolidated management accounts, the company expects to incur an annual loss not exceeding HK$150 million for the 2026 fiscal year.<br><br>This represents an increase of no more than 22% compared to the approximately HK$124 million annual loss recorded for the previous fiscal year ended March 31, 2025.<br><br>The board of directors attributes the expected rise in losses primarily to an increase in impairment provisions for loan receivables.<br><br>These provisions are anticipated to rise from about HK$26.8 million in the 2025 fiscal year to approximately HK$112 million for the 2026 period.<br><br>This adjustment stems from an upward revision in the expected credit loss provision for the group's money lending business.<br><br>The revision was made following the board's receipt and review of a preliminary valuation assessment conducted by an independent professional valuer.<br><br>The results of this assessment have been incorporated into the company's preliminary financial results for the 2026 fiscal year, which were published on June 26, 2026.<br><br></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1138","symbol_name":"综合性资本市场","start_time":0,"source_url":"","article_id":"1105895294","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1105895294","pubTimestamp":1782685461,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Jakota Capital (01468) has announced an anticipated annual loss for the fiscal year ending March 31, 2026.Based on a preliminary review of the group's unaudited consolidated management accounts, the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1138":"综合性资本市场","BK1181":"经销商","01468":"嘉高达资本","02967":"嘉高达资本"},"translate_title":"Jakota Capital发盈警预计全年亏损不到1.5亿港元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01468":1,"02967":1},"content_text":"Jakota Capital (01468) has announced an anticipated annual loss for the fiscal year ending March 31, 2026.Based on a preliminary review of the group's unaudited consolidated management accounts, the company expects to incur an annual loss not exceeding HK$150 million for the 2026 fiscal year.This represents an increase of no more than 22% compared to the approximately HK$124 million annual loss recorded for the previous fiscal year ended March 31, 2025.The board of directors attributes the expected rise in losses primarily to an increase in impairment provisions for loan receivables.These provisions are anticipated to rise from about HK$26.8 million in the 2025 fiscal year to approximately HK$112 million for the 2026 period.This adjustment stems from an upward revision in the expected credit loss provision for the group's money lending business.The revision was made following the board's receipt and review of a preliminary valuation assessment conducted by an independent professional valuer.The results of this assessment have been incorporated into the company's preliminary financial results for the 2026 fiscal year, which were published on June 26, 2026.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.45.2","shortVersion":"4.45.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1105895294","isCrawlerRequest":true}