EUROEYES Projects Interim Net Loss of Up to HK$17 Million, Reversing Year-Ago Profit

Stock News
08/24

EUROEYES (01846) has issued a profit warning, expecting to record a loss attributable to shareholders of between HK$10 million and HK$17 million for the interim period of 2026, compared with a profit of approximately HK$38.4 million in the same period of 2025.

The company attributed the anticipated swing from profit to loss to two main factors. First, non-recurring costs directly associated with the acquisition of FYEO Europe B.V., which was completed on 22 July 2026, primarily comprising advisory and professional fees incurred for the transaction. Second, operating losses arising from its Swiss business following the completion of a Swiss acquisition on 13 October 2025 and during its ongoing strategic transformation.

The company noted that these one-off expenses and operational challenges in Switzerland are expected to weigh on its interim financial performance.

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