Capital Finance Holdings Limited (Stock Code: 08239) announced that preliminary unaudited figures indicate a loss attributable to owners of at least HK$28.00 million for the year ended 31 December 2025, widening from the HK$16.90 million loss reported in FY2024.

Management cited three primary factors behind the increased deficit: 1. Administrative and other expenses rose by about HK$7.70 million, driven mainly by higher staff costs and a donation to a university for the establishment of a Center for AI Accounting and Finance. 2. Cumulative exchange losses of approximately HK$4.10 million were recognised following the deregistration of a subsidiary. 3. Income tax expenses climbed roughly HK$24.00 million due to the reversal of temporary differences related to expected credit losses (ECL) amid a decline in loans to customers.

These pressures were partially offset by a HK$17.80 million reversal of ECL loss allowances on customer loans, reflecting the reduced loan portfolio.

The Board stressed that the FY2025 results are still under audit review and are scheduled for release by the end of March 2026. Shareholders and potential investors are urged to exercise caution when dealing in the company’s securities.