Huaxun (00833) Fa Ying Guang expects profit attributable to company owners to drop by about 60%-70% year-on-year in the first half of the year

Zhitong Finance App News, Huaxun (00833) announced that the Group's profit attributable to company owners is expected to drop by about 60%-70% year-on-year in the first half of 2026, while profit attributable to company owners is about HK$41 million in the same period in 2025.

According to the announcement, the decline in profit was mainly due to losses caused by subsidiaries acquired last year. Among them, the two new subsidiaries acquired in Malaysia and Vietnam are still in the consolidation phase in the first half of the year, and mass production has not yet begun. The operations and revenue of these subsidiaries are expected to gradually improve in the second half of the year. Sales revenue for this period remained stable compared with sales revenue of approximately HK$613.6 million in the same period last year.