NUR Holdings Issues Profit Warning, Anticipates Widened Interim Loss Attributable to Owners

Stock News
02/13

NUR HOLDINGS (00254) announced that the group expects revenue for the six months ending December 31, 2025, to be approximately HKD 34.343 million, representing a decrease of about 38.7% compared to the same period last year. The primary reason for the revenue decline is the disposal of income-generating assets from the IT business segment's computing analysis and processing center during the fiscal year ending June 30, 2025, coupled with a decrease of approximately 30%, or about HKD 7 million, in revenue from the other segment involving car rental and shuttle bus services. In the corresponding period last year, a fair value loss of approximately HKD 9.348 million was recognized for financial liabilities measured at fair value through profit or loss. As there is no such fair value loss in the current period, along with a reduction in administrative expenses, the impact on the net loss for the current period has been mitigated. The company expects the loss attributable to owners for the current period to be between approximately HKD 22 million and HKD 25 million, an increase of about HKD 3 million to HKD 6 million compared to the loss of approximately HKD 19.238 million in the corresponding period.

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