DATA UNION CAP (08375) Issues Profit Warning, Expects Interim Consolidated Net Loss of HK$8-8.5 Million, Significant Year-on-Year Increase

Stock News08-15

DATA UNION CAP (08375) announced that the Group expects to record a consolidated net loss of approximately HK$8 million to HK$8.5 million for the six months ended June 30, 2025, representing a significant increase of approximately HK$7.86 million to HK$8.36 million in consolidated net loss compared to the Group's consolidated net loss of approximately HK$140,000 for the six months ended June 30, 2024.

The increase in consolidated net loss was primarily attributable to: strategic pricing adopted to maintain the Group's market share in its principal business areas, resulting in decreased profit margins; a one-off fair value gain of approximately HK$3.07 million on financial assets at fair value through profit or loss for the six months ended June 30, 2024; and increased general expenses, such as employee benefits, professional fees and depreciation expenses.

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