ORIENTAL M G(00018) issues profit warning. It is expected that the annual comprehensive profit attributable to shareholders will decrease by around 130 to 140 million Hong Kong dollars compared to the previous year.

ORIENTAL M G (00018) announces that the board of directors expects the group's attributable comprehensive profit for the reporting period (year ended 31st March 2026) to be between approximately HKD 13 million and HKD 14 million, whereas for the year ended 31st March 2025, the group's attributable comprehensive profit was approximately HKD 52.43 million. The board of directors believes that the decrease in the group's attributable comprehensive profit is mainly due to: (i) adverse macroeconomic conditions leading to a decrease in the group's media and lending business revenue; (ii) a net fair value loss of approximately HKD 9.374 million on investment properties held by the group at the end of the reporting period; and (iii) provisions for expected credit losses of approximately HKD 3.52 million made for receivables and interest due to the decline in the value of collateral for certain loans.