Huanxi Media (01003) Fa Ying Guang expects a net loss of about HK$39 million to HK$41 million after tax in the medium term

Zhitong Finance App News, Huaxi Media (01003) announced that the Group expects to record an unaudited net loss of about HK$39 million to HK$41 million in the six months ending June 30, 2026, a decrease of about 59.9% to 61.9% from the unaudited net loss of approximately HK$102 million in the same period in 2025.

The Group's unaudited net loss after tax during the reporting period decreased compared to the same period last year, mainly due to reduced sales and distribution costs and reduced administrative expenses. Affected by the market environment, project distribution and launch cycle, the Group carefully promoted the pace of film releases during the reporting period, and the major films it has invested have yet to be screened online in domestic theaters in China during this reporting period. At the same time, the Group continued to implement cost control and optimize the internal operating structure during the reporting period, which successfully reduced administrative expenses significantly.