Genesis Scale (00439) Issues Profit Warning, Anticipates FY2025 Net Loss of HK$1.3-1.5 Billion

Stock News

02/16

Genesis Scale (00439) announced that the group expects a significant increase in its net loss for the fiscal year ending December 31, 2025 (FY2025). Compared to a net loss of approximately HK$47.4 million for the fiscal year ended December 31, 2024 (FY2024), the net loss for FY2025 is projected to be between about HK$1.3 billion and HK$1.5 billion. The primary reason for the increased net loss is the provision of approximately HK$118 million for a claim related to a legal dispute involving a subsidiary. Details of this litigation were previously disclosed in the company's announcement dated December 16, 2025, titled "Update on Legal Proceedings Involving a Subsidiary."

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Compared to a net loss of approximately HK$47.4 million for the fiscal year ended December 31, 2024 (FY2024), the net loss for FY2025 is projected to be between about HK$1.3 billion and HK$1.5 billion. The primary reason for the increased net loss is the provision of approximately HK$118 million for a claim related to a legal dispute involving a subsidiary. Details of this litigation were previously disclosed in the company's announcement dated December 16, 2025, titled \"Update on Legal Proceedings Involving a Subsidiary.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1211","symbol_name":"航天航空与国防","start_time":0,"source_url":"","article_id":"1129458693","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129458693","pubTimestamp":1771216936,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Genesis Scale (00439) announced that the group expects a significant increase in its net loss for the fiscal year ending December 31, 2025 (FY2025). Compared to a net loss of approximately HK$47.4...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1211":"航天航空与国防","00439":"瀚源控股"},"translate_title":"创世纪规模(00439)发盈警预计2025财年净亏损13-15亿港元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00439":1},"content_text":"Genesis Scale (00439) announced that the group expects a significant increase in its net loss for the fiscal year ending December 31, 2025 (FY2025). Compared to a net loss of approximately HK$47.4 million for the fiscal year ended December 31, 2024 (FY2024), the net loss for FY2025 is projected to be between about HK$1.3 billion and HK$1.5 billion. The primary reason for the increased net loss is the provision of approximately HK$118 million for a claim related to a legal dispute involving a subsidiary. 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