Flydoo Technology Holding (8069) Issues Profit Warning

Bulletin Express11-12

Flydoo Technology Holding Limited (Stock Code: 8069) has indicated a significant rise in net losses based on unaudited consolidated management accounts for the six months ended 30 September 2025. The group projects an approximate 550% increase in net losses compared to the net losses of around HK$588,000 for the same period in 2024.

According to the announcement, the higher losses stem from widespread concern over a Japanese manga artist’s prediction of a large-scale earthquake in July 2025. This speculation led to substantial drops in package tour bookings for Japan—one of the group’s key outbound destinations—during the peak summer holiday season.

The rumored catastrophe did not materialize, and tourism warnings have since been debunked. Management expects tourism activity to rebound in Japan going forward. The final financial results for the six months ended 30 September 2025 are slated for publication before the end of November 2025, pursuant to the company’s listing requirements. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

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