NVC International Holdings Limited (NVC International; 02222.HK) has warned that its unaudited net profit for the six months ended 30 June 2026 is expected to contract sharply to no more than US$1.10 million, versus US$15.20 million in the prior-year period. Profit attributable to shareholders is projected at no more than US$1.00 million, down from US$15.20 million a year earlier.

Management attributes the anticipated earnings deterioration to two principal factors:

1. Higher associate losses: The Group’s share of net losses from associates is expected to widen to roughly US$4.24 million, compared with US$0.57 million in the first half of 2025.

2. Adverse swing in other gains and losses: • Foreign-exchange movements are set to reverse from a US$4.70 million gain in the prior period to a US$2.60 million loss. • Fair-value gains on financial assets are forecast to drop from US$3.60 million to about US$0.80 million.

The company is finalising its interim results, slated for release by end-August 2026. All figures are unaudited and subject to adjustment. Investors are advised to exercise caution when dealing in NVC International’s securities until the detailed interim results are published.