G-RESOURCES (01051) issued a profit warning, expecting a mid-term net loss of approximately $6 million, turning from profit to loss year-on-year.

G-RESOURCES (01051) announced that it expects to record a net loss of approximately $6 million for the six months ending on June 30, 2026, compared to a net profit of approximately $59 million for the six months ending on June 30, 2025 (the same period last year). Despite recording a net loss, the group's core financial services business still showed robust growth during the six months ending on June 30, 2026, primarily benefiting from an increase of approximately $559,000 in interest income from its lending operations. In addition, the group's proprietary investment business saw an increase of about $13 million in dividend and distribution income from financial products. The performance for the six months ending on June 30, 2026, is expected to shift from net profit to net loss, mainly due to the recognition of fair value losses of approximately $38 million on financial assets measured at fair value through profit or loss for the six months ending on June 30, 2026, compared to fair value gains of about $36 million in the same period last year; and a decrease of approximately $8 million in interest income from bank deposits, including a reduction of about $4 million recognized under revenue and a reduction of about $4 million recognized under other income.