ORIENTAL PAY (08613) Issues Profit Warning, Expects Interim Shareholder Loss Not Exceeding HK$20 Million

Stock News
11/21

ORIENTAL PAY (08613) announced that the group anticipates total revenue of approximately HK$7.2 million for the six months ending September 30, 2025, compared to HK$19.5 million in the same period last year—a decline of about 62.9%. The company also expects a net loss attributable to shareholders not exceeding HK$20 million, up by no more than 25.8% from the HK$15.9 million loss recorded in the prior corresponding period.

The decrease in revenue and widening losses were primarily attributed to: (i) Safety concerns triggered by high-profile incidents, particularly the kidnapping of a Chinese actor in Thailand; and (ii) A severe earthquake in Thailand in late March 2025.

These events led to a drop in travel bookings by Chinese tourists, reflecting the volatility of tourism-dependent markets. The decline subsequently reduced the group's electronic payment transaction volume during the reporting period.

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