OSL Group (00863) Surges Over 4% Despite Projected Full-Year Loss; Business Maintains Strong Growth Momentum

Stock News
01/27

OSL Group (00863) saw its shares rise more than 4% in Hong Kong trading. As of the time of writing, the stock was up 4.04% to HK$18.02, with a turnover of HK$25.0942 million. The movement follows the company's issuance of a profit warning, projecting a net loss of approximately HK$370 million to HK$430 million for the 2025 fiscal year, a swing from profit to loss compared to the previous year. Despite the anticipated net loss, the company stated that its business continues to demonstrate robust growth momentum. It expects revenue from its digital asset and blockchain platform business to reach HK$450 million to HK$530 million for the period, representing a year-on-year increase of 20.0% to 41.3%. Adjusted revenue for the digital asset and blockchain platform business is projected to be between HK$490 million and HK$570 million, marking a substantial year-on-year surge of 129.0% to 166.4%, reflecting the sustained growth of the group's core business activities.

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