HUANXI MEDIA (01003) issued a profit warning, expecting a net loss of approximately HKD 39 million to HKD 41 million after tax for the interim period.

HUANXI MEDIA (01003) announced that the group expects to record an unaudited after-tax net loss of approximately HKD 39 million to HKD 41 million for the six months ending June 30, 2026, representing a decrease of about 59.9% to 61.9% compared to an unaudited after-tax net loss of approximately HKD 102 million in the same period of 2025. The group's unaudited after-tax net loss during the reporting period decreased compared to the same period last year mainly due to a reduction in sales and distribution costs as well as a decrease in administrative expenses. Affected by the market environment, project releases, and the timeline for launches, the group prudently adjusted the release schedule of films during this reporting period, with major films yet to be released in domestic theaters in China within this reporting period. At the same time, the group continued to implement cost control and optimize its internal operational structure during this reporting period, successfully leading to a significant reduction in administrative expenses.