MOON INC Issues Profit Warning, Anticipates Annual Net Loss Attributable to Shareholders of HKD 26.3 Million to 34.3 Million

Stock News
06/24

The company has announced that it expects to report a net loss attributable to shareholders for the financial year ending March 31, 2026, in the range of approximately HKD 26.3 million to HKD 34.3 million.

This represents a significant downturn from the net profit attributable to shareholders of HKD 1.8 million recorded for the previous financial year ended March 31, 2025.

The board of directors attributes the anticipated shift from profit to loss primarily to several key factors.

These include an increase in administrative expenses, such as employee costs and legal and professional fees.

Additionally, the company incurred a loss on the disposal of a property.

Furthermore, the group experienced an unrealized revaluation loss on its Bitcoin treasury holdings during the current financial year.

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