Anning Holdings (00128)'s profit warning expects the loss to be accounted for by shareholders in the medium term of approximately HK$8.7 million, a year-on-year profit to loss

According to the Zhitong Finance App, Anning Holdings (00128) announced that it is expected that the Group will earn losses attributable to shareholders of approximately HK$8.7 million for the six months ending June 30, 2026, and profit attributable to shareholders of HK$9.7 million for the six months ending June 30, 2025.

Expected losses for the six months ended June 30, 2026 are mainly due to fluctuations in the global financial market environment, which led to a decline in the fair value of private equity funds in the Group's investment portfolio. In addition to private equity funds, the Group also sold part of its remaining investment portfolio. This is a prudent investment strategy adopted by the Group during the period to increase liquidity and reduce market risk in response to current market uncertainty. This de-risking measure, along with market fluctuations caused by the US-Iran war, led to a reduction of about 31% in the net realized and unrealized income generated by the remaining investment portfolio compared to the six months ended June 30, 2025.

According to the June 2026 management accounts, the Group still maintains a steady financial position. As of June 30, 2026, the Group's current ratio (that is, current assets divided by current liabilities) was approximately 81 times.