HK Stock Market Move | LIFETECH SCI (01302) fell over 3% as it anticipated a decline of approximately 50% in its interim net profit to 54%, with decreased revenue and reduced foreign exchange gains being the main factors.

LIFETECH SCI (01302) fell over 3%. As of the time of writing, it has decreased by 3.45%, trading at HKD 1.4, with a transaction volume of HKD 20.6516 million. In news, on the evening of August 12, LIFETECH SCI issued a profit warning stating that, excluding several non-recurring items, it expects the net profit attributable to shareholders for the six months ending June 30, 2026, to be between HKD 110 million and HKD 120 million, compared to approximately HKD 238.5 million in the same period of 2025, representing a year-on-year decrease of about 50% to 54%. This is mainly due to a decline in revenue and a significant reduction in net foreign exchange gains. The non-recurring items include share-based payment expenses, other gains and losses of financial assets measured at fair value through profit or loss, and expected transaction costs related to the equity acquisition of Beijing Huayi Shengjie Technology Co., Ltd. and the issuance of convertible bonds that the board has resolved not to pursue.