Boyaa Interactive warns of HK$470–493 million Q1 2026 loss on crypto slide; adjusted profit set to rise 85–90%

Bulletin Express05-11

Boyaa Interactive International Limited (BOYAA) issued a profit alert indicating that the slump in Bitcoin prices during Q1 2026 will push the Group to a loss attributable to owners of approximately HK$470.00 million–HK$493.00 million. This represents a year-on-year deterioration of about 110%–120% from the HK$224.00 million loss recorded in the same period of 2025.

After stripping out non-operating one-off factors—including fair-value changes in digital assets and equity investment partnerships—the Group expects to report a profit attributable to owners for Q1 2026, up roughly 85%–90% versus the comparable adjusted figure for Q1 2025. Management attributes the improvement in underlying earnings to higher revenue from its online games business.

The provisional figures are derived from unaudited management accounts, and final first-quarter results are scheduled for release by end-May 2026. Boyaa cautions that cryptocurrency prices remain volatile, and subsequent fair-value movements could further affect reported profitability.

Investors are advised to exercise caution when dealing in the Company’s securities.

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