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Tianxi Yao 11 (01010) issued a profit warning. Shareholders' losses are expected to be accounted for by HK$65 million to HK$70 million for the 18 months ending June 30, 2026

Zhitongcaijing·09/23/2026 13:49:08
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According to the Zhitong Finance App, Tianxiyao11 (01010) announced that the Group expects the Company to obtain losses attributable to the Company's owners of HK$65 million to HK$70 million in 18 months ending June 30, 2026, compared with losses of approximately HK$165 million for the year ended December 31, 2024 (FY2024).

The expected decrease in loss during the reporting period is mainly due to the following substantial declines: net impairment of financial assets decreased from approximately HK$69.6 million in FY2024 to approximately HK$400,000 during the reporting period; and net impairment of non-financial assets decreased from approximately HK$59.7 million in FY2024 to approximately HK$3.3 million during the reporting period.