POLYFAIR HLDGS (08532) announced that the group is expected to record a net loss of approximately HK$7.8 million to HK$8.5 million for the six months ending September 30, 2025, compared to a net profit of around HK$2.1 million in the same period last year.

According to the latest information, the anticipated net loss during the reporting period is primarily attributed to the following factors: (i) a significant decline in gross profit, dropping from approximately HK$10 million to about HK$1 million; (ii) an expected credit loss on contract assets of around HK$2.3 million; and (iii) financial costs of approximately HK$2.6 million, which, although lower than the previously reported HK$5 million, continue to impact the loss position.