Crazy Sports projects HK$38.0 million interim loss on fair-value downturn

Bulletin Express
08/19

Crazy Sports Group Limited issued a profit warning, indicating that it expects to post a consolidated net loss of up to HK$38.00 million for the six months ended 30 June 2026. The comparable period in 2025 recorded a loss of approximately HK$12.10 million, implying the mid-2026 shortfall could more than triple year on year.

Management attributes the wider deficit primarily to an anticipated HK$16.00 million fair-value loss on financial assets measured at fair value through profit or loss. In the same period last year, the Group recorded a HK$7.80 million gain from such assets, marking a negative swing of about HK$23.80 million and accounting for the bulk of the deterioration.

Despite the expected interim setback, the Board states that the Group’s financial, operational, and cash-flow positions remain “healthy.” Strategic execution continues to centre on the “Digital + Sports + Entertainment” roadmap, with emphasis on an AI-driven digital sports entertainment platform and overseas expansion of gaming intellectual properties.

The interim results remain unaudited and subject to finalisation, with the full announcement scheduled for release by end-August 2026. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10