GROWN UP GROUP (01842) Warns of Wider Net Loss for Mid-2026

Stock News08-07

GROWN UP GROUP (01842) has issued a profit warning, anticipating a net loss of approximately HK$10 million to HK$12 million for the first half of 2026.

This contrasts with a net loss of about HK$8.5 million recorded in the same period of 2025. The company expects the increase in net loss for the first half of 2026 to be primarily driven by a decline in revenue and gross profit margin.

The main causes for this decline include: (i) reduced sales to the United States; and (ii) lower sales of medical products, which were previously higher-margin items. These negative factors were partially offset by the recognition of net realized and unrealized fair value gains on financial assets at fair value through profit or loss of approximately HK$0.3 million in the first half of 2026, compared to net realized and unrealized fair value losses on such assets of about HK$2.7 million in the same period of 2025.

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