ASL expects HK$290 million-HK$310 million first-half loss on GDH investment impairment

• ASL guided to a loss attributable to owners of HK$290 million–HK$310 million for the six months ended June 30, 2026.
• Compared with profit attributable to owners of HK$41.5 million a year earlier.
• Outlook driven by a net non-cash charge tied to its stake in associate Grid Dynamics Holdings, following a sharp share-price decline.
• Estimated net profit-and-loss hit, including tax effects, of HK$485 million–HK$505 million from the expected impairment, partly offset by deferred tax reversal.
• Impairment flagged as non-cash, with no expected impact on cash position or day-to-day operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ASL - Automated Systems Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260714-12243539), on July 14, 2026, and is solely responsible for the information contained therein.