Orange Sky Jiahe (01132) Fa Profit Alert predicts that the net loss for the medium term will not exceed HK$60 million year-on-year profit to loss

According to the Zhitong Finance App, Orange Sky Jiahe (01132) announced that the Group expects to record net losses attributable to shareholders of no more than HK$60 million in the six months ending June 30, 2026, while net revenue for the six months ended June 30, 2025 is HK$137 million.

The Board considers that the net loss attributable to shareholders for the six months ended June 30, 2026 was mainly due to the net impact of: (i) the net non-recurring loss of approximately HK$31 million arising from the Hong Kong High Court of First Instance's legal action judgement, and the confirmation of relevant legal and professional expenses of approximately HK$29 million; (ii) there was no net non-recurring revenue for the six months ended June 30, 2026, and the six months ended June 30, 2025 due to the termination of certain cinema leases by the Group and irregular restitution of lease amendments Net proceeds of HK$19 million and HK$86 million; and (iii) for the six months ended June 30, 2025, the return of deferred tax liabilities due to the sale of Singaporean properties resulted in an income tax credit of HK$33 million, and no relevant income tax credit was recorded for the six months ended June 30, 2026.