SKY BLUE 11 (Stock Code: 01010) has issued a profit warning announcement, stating that the group expects to record a loss attributable to owners of the company of between HK$65 million and HK$70 million for the 18-month period ending June 30, 2026. This compares with a loss of approximately HK$165 million for the fiscal year ended December 31, 2024 (FY2024).

The anticipated reduction in loss for the reporting period is primarily attributed to significant decreases in the following items: net impairment losses on financial assets, which are expected to decline from approximately HK$69.6 million in FY2024 to about HK$0.4 million in the reporting period; and net impairment losses on non-financial assets, which are expected to decline from approximately HK$59.7 million in FY2024 to about HK$3.3 million in the reporting period.