NOVAUTEK (00519) issued a profit warning, expecting the mid-term losses to decrease to approximately 30.51 million Hong Kong dollars.

NOVAUTEK (00519) announced that the group is expected to incur a loss of approximately HK$30.515 million for the six months ending 31 December 2025, a decrease of approximately HK$43.364 million compared to the same period last year. The Board of Directors believes that the decrease in loss is mainly due to the net impact of the following factors: an increase in revenue of approximately HK$20.878 million, with a significant increase in revenue generated by artificial intelligence (AI) robots; a net fair value gain of approximately HK$4.316 million on investment properties, compared to a net fair value loss of approximately HK$43.982 million in the same period in 2024; a decrease in fair value loss on financial assets recognized in profit or loss to approximately HK$12.726 million; and a decrease in revenue from the sale of financial assets recognized in profit or loss to approximately HK$0.797 million.