Yuxing Technology (08005) issued a profit warning. It is expected that losses attributable to shareholders in the medium term of HK$43.5 million will increase 45% year-on-year

According to the Zhitong Finance App, Yuxing Technology (08005) announced that the Group expects to obtain losses attributable to the owners of the Company of HK$43.5 million for the six months ending June 30, 2026, an increase of 45% over the same period in 2025.

According to the information currently obtained, the losses attributable to the Company's owners for the six months ended June 30, 2026 were mainly due to (i) a decrease in gross profit of HK$22.5 million in product sales in the Information Appliance Division and a decrease of HK$5.9 million in revenue from Internet data center and facility leasing; and (ii) a further loss of HK$11.7 million from the fair value revaluation of investment properties.