Yibangxing Holdings (00599)'s profit warning expects the loss before tax to rise to about HK$7 million in the medium term

According to the Zhitong Finance App, Yibangxing Holdings (00599) announced that the group expects to lose about HK$7 million before tax in the six months ending September 30, 2026, compared with a loss of about HK$2.9 million before tax for the same period in 2025.

According to the announcement, the expected increase in pre-tax losses is mainly due to a decrease in earnings of approximately HK$11.4 million to approximately HK$155 million, and a decrease in gross profit of approximately HK$9.5 million to approximately HK$50.9 million; and no confirmed exchange gain of approximately HK$2.8 million for the same period in 2025. These negative factors were partly offset by a total reduction of approximately HK$8.1 million in distribution costs and administrative expenses.