Gaofeng Group Holdings: Turned from profit to loss in the first half of the 2026 fiscal year, expecting a net loss of HKD 1.5 million in the first half of 2026

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Gaofeng Group Holdings Announcement, based on a preliminary review of the group's unaudited consolidated management accounts for the six months ending March 31, 2026, and the information currently available, the group expects to record a net loss of approximately HKD 1.5 million for the 2026 period, compared to a net profit of approximately HKD 6.2 million for the same period in 2025.
The board believes that the main reason for the shift from a net profit in 2025 to a net loss in 2026 is a decline in revenue, as new projects are still in the early stages, and most of the income and profits generated from these projects have not yet been recognized, as well as an increase in net fair value losses of financial assets of approximately HKD 1.6 million due to market volatility.
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