JIMU GROUP (08187) issued a profit warning, expecting a comprehensive net loss of approximately HKD 6.5 million for the first half of the year, an increase of about 66.7% year-on-year.
The Block Group (08187) announced that it expects to incur a comprehensive net loss of approximately HKD 6.5 million in the first half of 2026, representing an increase of about 66.7% compared to the net loss of approximately HKD 3.9 million for the six months ended June 30, 2025 (first half of 2025).
JIMU GROUP (08187) announced that it is expected to incur a consolidated net loss of approximately HKD 6.5 million in the first half of 2026, representing an increase of approximately 66.7% compared to the net loss of approximately HKD 3.9 million for the six months ending June 30, 2025 (the first half of 2025).
The Board believes that the anticipated increase in the net loss for the first half of 2026 is mainly due to bulk wholesale transactions conducted at lower profit margins during the period to clear certain by-products, resulting in a decline in gross profit margin.
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