Dragon King Group (08493) announced that the Group expects to record a net loss of approximately HKD 26 million to HKD 28 million for the year ending December 31, 2025, compared to a net loss of approximately HKD 27 million for the 2024 fiscal year. The Board of Directors attributes the anticipated net loss for the 2025 fiscal year primarily to the following factors: (i) revenue decreased significantly from approximately HKD 54.4 million in fiscal year 2024 to approximately HKD 13.1 million in fiscal year 2025. This was mainly due to the closure of two restaurants in 2024, coupled with the suspension of operations of the Group's then sole remaining restaurant in October 2025. The impact of this decrease was partially offset by a reduction in staff costs and other operating expenses compared to the previous year; (ii) an impairment loss on financial assets of approximately HKD 7.4 million was recognized in fiscal year 2025, compared to a reversal of an impairment loss on financial assets of approximately HKD 0.4 million in fiscal year 2024, primarily due to a decline in the fair value of these financial assets during the 2025 fiscal year. Despite these challenges, the Group continues to actively implement measures to restructure and develop its business operations, demonstrating its commitment to revitalizing and strengthening its catering business. In January 2026, the Group officially opened a Chinese restaurant under the brand "Mong Kok (Dragon King) Seafood Restaurant," offering Cantonese cuisine including fresh seafood, soups, and signature wok-fried dishes, suitable for various dining occasions such as group meals, corporate entertaining, and casual dining for small gatherings.